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5 years ago
A company issues a callable (at par) ten-year, 6% coupon bond with annual coupon payments. The bond can be called at par in one year after release or any time after that on a coupon payment date. On release, it has a price of $104 per $100 of face value. What is the yield to call of this bond when it is released?

▸ 1.92%

▸ 5.47%

▸ 0.60%

▸ 1.50%
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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wrote...
#1
5 years ago
1.92%
gcd99br Author
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#2
5 years ago
Brilliant
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