Calculate the yield to put semi-annual paying bond

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Question - Calculate the yield to put of a 9% semi-annual paying bond, with a par value of R1 000. The bond matures in 20 years, has a market price of R774.31 and a yield to maturity of 12%. It is putable by the bondholder in 10 years, at a put price of R898.94.

A. 14.30%

B. 12.48%

C. 13.44%

D. 10.50%

Reference no: EM133061360

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