Thatcher corporations bonds will mature in 18 years the


Yield to Maturity and Call with Semi annual Payments

Thatcher Corporation's bonds will mature in 18 years. The bonds have a face value of $1,000 and an 8.5% coupon rate, paid semi annually. The price of the bonds is $950. The bonds are callable in 5 years at a call price of $1,050. Round your answers to two decimal places.

What is their yield to maturity?

%

What is their yield to call?

%

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Financial Management: Thatcher corporations bonds will mature in 18 years the
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