You just purchased bond ABB at 95% of its par value. The bond is callable...
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You just purchased bond ABB at 95% of its par value. The bond is callable at the end of 2025 with a call premium of 5% of par value. The annual coupon rate is 8%. You have not received 2018's coupon yet because it is only April right now. This is an annual coupon bond
What is the Yield to Call for you at this moment? You must round up answer to 4 decimals. (For example, if your answer is 5.80%, you must write 0.0580)
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