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Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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![General Electric has just issued a callable (at par) 10-year, 6.3% coupon bond with annual coupon payments. The bond
can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $101.68.
a. What is the bond's yield to maturity?
b. What is its yield to call?
c. What is its yield to worst?
a. What is the bond's yield to maturity?
The bond's yield to maturity is%. (Round to two decimal places.)
b. What is its yield to call?
The yield to call is%. (Round to two decimal places.)
c. What is its yield to worst?
The yield to worst is%. (Round to two decimal places.)](https://content.bartleby.com/qna-images/question/1f9d235e-1fbf-4eb3-ac8b-0ccd1ea0ccf4/c149e100-2bd1-4fb3-9c84-9339a2411d93/55ebwjl_thumbnail.jpeg)
Transcribed Image Text:General Electric has just issued a callable (at par) 10-year, 6.3% coupon bond with annual coupon payments. The bond
can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $101.68.
a. What is the bond's yield to maturity?
b. What is its yield to call?
c. What is its yield to worst?
a. What is the bond's yield to maturity?
The bond's yield to maturity is%. (Round to two decimal places.)
b. What is its yield to call?
The yield to call is%. (Round to two decimal places.)
c. What is its yield to worst?
The yield to worst is%. (Round to two decimal places.)
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