What is the bonds yield to maturity
Question:
A 10year 12% semiannual coupon bond with a par value of $1000 may be called with a call premium of $60. The bond is currently selling for $1100. What is the bonds' yield to maturity? What is the bonds' yield to call?
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The bond is currently selling for $1100. What is the bonds' yield to maturity? What is the bonds' yield to call?
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