A 5.30 percent coupon bond with 19 years left to maturity can be called in three years. The call premium is one year of coupon payments. It is offered for sale at $1,055.30. What is the yield to call of the bond? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)
A 6.95 percent coupon bond with 29 years left to maturity can be called in six years. The call premium is one year of coupon payments. It is offered for sale at $1,117.35. What is the yield to call of the bond? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)
Compute the price of a 6.3 percent coupon bond with fifteen years left to maturity and a market interest rate of 7.0 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
A 2.70 percent coupon municipal bond has 11 years left to maturity and has a price quote of 95.55. The bond can be called in four years. The call premium is one year of coupon payments. (Assume interest payments are semiannual and a par value of $5,000.)