A bond has a face value of $1,000 and a call price of $1,030.The bond is callable in 3.5 years and pays a 5 percent,semi-annual coupon.What is the current price if the yield to call is 6 percent?

Name: A bond has a face value of $1,000 and a call price of $1,030.The bond is callable in 3.5 years and pays a 5 percent,semi-annual coupon.What is the current price if the yield to call is 6 percent?
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

11ea6d0e_c3ca_8354_b3c7_656f10e3f75d_TB1223_00 11ea6d0e_c3ca_8355_b3c7_17a9265bdcfd_TB1223_00

A Bond Has a Face Value of $1,000 and a Call