Suppose a 20-year maturity bond currently selling for $1,050 is callable in 5 years at a call price of $1,060.If its yield to maturity is 8.25%, its yield to call is:

Name: Suppose a 20-year maturity bond currently selling for $1,050 is callable in 5 years at a call price of $1,060.If its yield to maturity is 8.25%, its yield to call is:
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The yield to call is more than 8.14% because the bond is callable at a price higher than its current price.

Suppose a 20-Year Maturity Bond Currently Selling for $1,050 Is