1.A $1,000 par value bond paying a 8% semi-annual coupon with 19 years to maturity...
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1.A $1,000 par value bond paying a 8% semi-annual coupon with 19 years to maturity is priced at $1105. This bond is callable in 11 years at a price of $1,050.
What is this bonds Current Yield?
Group of answer choices
6.54%
7.85%
7.24%
6.93%
2.A $1,000 par value bond paying a 6% semi-annual coupon with 22 years to maturity is priced at $1185. This bond is callable in 12 years at a price of $1,070.
What is this bonds YTC?
Group of answer choices
4.91%
5.79%
5.22%
4.44%
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