Aardvark Enterprise 30 year bonds are currently callable. you bought your bond 5 years ago. if...

Aardvark Enterprise 30 year bonds are currently callable. you bought your bond 5 years ago. if the coupon rate is 5.5% payable semi-annually, the yield to maturity is 8% and the call premium is one year's interest , what is this bond's yield to call?

Expert Solution

jeff jeffy answered 1 year ago

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