A 30-year-maturity, 8 percent coupon bond paying coupons semiannually is callable in five years at a...

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Finance

A 30-year-maturity, 8 percent coupon bond paying couponssemiannually is callable in five years at a call price of $1,100.The bond currently sells at a yield to maturity of 7 percent (3.5percent per half-year).

a.

What is the yield to call?

b.

What is the yield to call if the call price is only $1,050?

c.

What is the yield to call if the call price is $1,100, but thebond can be called in two years in-stead of five years?

Please do not show using financial calculator methods. I do nothave a financial calculator.

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A 30-year-maturity, 8 percent coupon bond paying couponssemiannually is callable in five years at a call price of $1,100.The bond currently sells at a yield to maturity of 7 percent (3.5percent per half-year).a.What is the yield to call?b.What is the yield to call if the call price is only $1,050?c.What is the yield to call if the call price is $1,100, but thebond can be called in two years in-stead of five years?Please do not show using financial calculator methods. I do nothave a financial calculator.

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