A callable bond pays annual interest of $60,has a par value of $1,000,matures in 20 years but is callable in 10 years at a price of $1,100,and has a value today of $1055.84.The yield to call on this bond is _________.

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The Answer of A callable bond pays annual interest of $60,has a par value of $1,000,matures in 20 years but is callable in 10 years at a price of $1,100,and has a value today of $1055.84.The yield to call on this bond is _________.

A Callable Bond Pays Annual Interest of $60,has a Par