A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 yea
Posted: Fri Jul 01, 2022 7:41 am
A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 years at $1,050, and currently sell at a price of $1,100. What are their nominal yield to call (YTC)? A) 6.41% B) 6.38% OC) 6.35% D) 6.45% OE) 6.49%