What is yield to call of 30 years to maturity bond that


What is the yield to call of a 30 years to maturity bond that pays a coupon rate of 17.13 percent per year, has 1 $1,000 par value and is currently priced at $1,162? The bond can be called back in 6 years at a call price $1,085. Assume annual coupon payments.

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Financial Management: What is yield to call of 30 years to maturity bond that
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