A firms bonds have a maturity of 12 years with a 1000 face


A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 6 years at $1,210, and currently sell at a price of $1,370.99.

a) What is their nominal yield to maturity?

b) What is their nominal yield to call?

 

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Finance Basics: A firms bonds have a maturity of 12 years with a 1000 face
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