What is the yield to call of a 20 year to maturity bond


What is the yield to call of a 20 year to maturity bond that pays a 11.13 percent per year, has a $1,000 par value and is currently priced at $1,143? The bond can be called back in 5 years at a call price $1,083. Assume annual coupon payments. Round the answer to two decimal places in percentage form.

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the yield to call of a 20 year to maturity bond
Reference No:- TGS01733991

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)