What is the yield to call if the bond is called

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Reference no: EM132027560

D Question 7 10 pts You own a bond with the following features: face value of $1000, coupon rate of 6% (semiannual coupon), and 15 years to maturity. The bond has a current price of $1104.65.

The bond is callable after seven years with the call price of $1100.

What is the yield to call if the bond is called at seven years (state as an APR)?

Enter your answer to 2 decimal places. For example 5.27 Do not include the symbol, just enter the number.

Reference no: EM132027560

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