You are considering purchasing a general electronic bond


You are considering purchasing a General Electronic bond that has a compound rate of 6 %, per value of 1000 & a maturity of 25 yrs. The bond is callable for 10 yrs & if the bond is called you will be paid a premium of &100 over pay. The yield to maturity bond is 9 %. Calculate the current price of the bond, current yield of the bond, the yield to call of the bond.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You are considering purchasing a general electronic bond
Reference No:- TGS01732108

Expected delivery within 24 Hours