The bond is callable in five years at a call price of 1080
A corporate bond matures in 15 years. The bond has an 8% semiannual coupon and a par value of $1,000. The bond is callable in five years at a call price of $1,080. The price if the bond today is $1,075. What the bonds YTM and YTC? PLEASE SHOW WORK.
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a corporate bond matures in 15 years the bond has an 8 semiannual coupon and a par value of 1000 the bond is callable
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