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itshammertime itshammertime
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Which of the following is true with regards to the yield to call (YTC)?

▸ The YTC is greater than the coupon rate, because the call price is greater than the bond's current price.

▸ The YTC is greater than the coupon rate, because the call price includes a premium for the yield to maturity.

▸ The YTC is greater than the coupon rate, because the call price is smaller than the bond's current price.

▸ The YTC is greater than the coupon rate, because the call price is equal to the bond's current price.
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Corporate Finance

Corporate Finance


Edition: 5th
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silvermoon197silvermoon197
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