call premium 3% of face value** 2) On Aug 15th, 2016 you are offered...
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call premium 3% of face value**
2) On Aug 15th, 2016 you are offered the following bond: Face value $250 (par value) Coupon rate 7% Coupon frequency semiannual (8/15 & 2/15) Maturity date Aug 15, 2058 First call date February 15, 2027 Call premium Bond current market price $300 . . . % of the face value . a) Calculate the yield to maturity b) What is the current yield c) Calculate Yield to Call
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