A company issues a callable (at par) ten-year, 6% coupon bond with annual coupon payments. The bond can be called at par
Posted: Wed Apr 06, 2022 9:11 am
A company issues a callable (at par) ten-year, 6% coupon bond
with annual coupon payments. The bond can be called at par in one
year after release or any time after that on a coupon payment date.
On release, it has a price of $104 per $100 of face value. What is
the yield to worst of this bond when it is released?
with annual coupon payments. The bond can be called at par in one
year after release or any time after that on a coupon payment date.
On release, it has a price of $104 per $100 of face value. What is
the yield to worst of this bond when it is released?