In: Finance
Boeing Corporation has just issued a callable (at par) three-year, 5.3% coupon bond with semi-annual coupon payments. The bond can be called at par in two years or anytime thereafter on a coupon payment date. It has a price of $98.65.
a. What is the bond's yield to maturity?
b. What is its yield to call?
c. What is its yield to worst?