A firm’s bonds have a maturity of 19 years with a $1,000 face value, a 7...

A firm’s bonds have a maturity of 19 years with a $1,000 face value, a 7 percent semiannual coupon, are callable in 5 years at $1,090, and currently sell at a price of $1,150. What is their yield to call (YTC)?

a.	5.16%
	b.	5.70%
	c.	5.94%
	d.	7.00%
	e.	3.69%

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jeff jeffy answered 1 year ago

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