What is the yield to call of the bond

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Reference no: EM131060535

A 5.55 percent coupon bond with 14 years left to maturity can be called in five years. The call premium is one year of coupon payments. It is offered for sale at $1,106.30. What is the yield to call of the bond? (Assume interest payments are semiannual.)

Reference no: EM131060535

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What is the yield to call of the bond : A 5.55 percent coupon bond with 14 years left to maturity can be called in five years. The call premium is one year of coupon payments. It is offered for sale at $1,106.30. What is the yield to call of the bond?

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