Find out the bond yield to call


Problem:

A 12- year bond has a 10% semi-annual coupon and a face value of $1000. The bond has a nominal yield to maturity of 7%. The bond can be called in 5 years at a call price of $1050.

Required:

Question: What is the bond's yield to call?

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Accounting Basics: Find out the bond yield to call
Reference No:- TGS0891268

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