A bond that settles on June 7, 2019, matures on July 1, 2039, and may be called at any time after July 1, 2029, at a price of 156. The coupon rate on the bond is 7.2 percent and the price is 169.00. What are the yield to maturity and yield to call on this bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Yield to maturity Yield to call % %
A bond that settles on June 7, 2019, matures on July 1, 2039, and may be called at any time after July 1, 2029, at a price of 156. The coupon rate on the bond is 7.2 percent and the price is 169.00. What are the yield to maturity and yield to call on this bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Yield to maturity Yield to call % %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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
Transcribed Image Text:A bond that settles on June 7, 2019, matures on July 1, 2039, and may be called at any time after July 1, 2029, at a price of 156. The
coupon rate on the bond is 7.2 percent and the price is 169.00. What are the yield to maturity and yield to call on this bond? (Do not
round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
Yield to maturity
Yield to call
%
%
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