Fooling Company has a 13.8 percent callable bond outstanding on the market with 25 years to maturity, call protection for the next 10 years, and a call premium of $25. What is the yield to call (YTC) for this bond if the current price is 110 percent of par value?
Fooling Company has a 13.8 percent callable bond outstanding on the market with 25 years to maturity
August 15th, 2017 admin