What is the yield to call of a 25-year to maturity bond of Computerz, Inc. that pays a coupon rate of 9.2 percent per year, has a $1000 par value, and is currently priced at $1,266? The bond can be called back in 9 years at a call price of $1,077. Assume annual coupon payments.
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What is the yield to call of a 25-year to maturity bond of Computerz, Inc. that pays a coupon rate of 9.2 percent per year, has a $1000 par value, and is currently priced at $1,266? The bond can be called back in 9 years at a call price of $1,077. Assume annual coupon payments.