Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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A bond that settles on June 7, 2016, matures on July 1, 2036, and may be called at any time after July 1, 2026, at a price of 105. The
coupon rate on the bond is 6 percent and the price is 115.00. What are the yield to maturity and yield to call on this bond? (Do not
round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
Yield to maturity
Yield to call
4.82 %
%
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Transcribed Image Text:A bond that settles on June 7, 2016, matures on July 1, 2036, and may be called at any time after July 1, 2026, at a price of 105. The coupon rate on the bond is 6 percent and the price is 115.00. What are the yield to maturity and yield to call on this bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Yield to maturity Yield to call 4.82 % %
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