A 30-year maturity 8 coupon bond paying coupons


A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. The bond currently sells at a yield to maturity of 7% (3.5% per half-year).

What is the yield to call?

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Finance Basics: A 30-year maturity 8 coupon bond paying coupons
Reference No:- TGS0598687

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