A bond that settles on June 7, 2022, matures on July 1, 2042, and may be called at any time after July 1, 2032, at a price of 166.The coupon rate on the bond is 7.6 percent and the price is 178.00. What are the yield to maturity and yield to call on this bond?Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.Yield to maturityYield to callAnswer is not complete.3.00 X%%

Calculation of YTC:Cash Flows:Annual coupon payments (7.6% of face value) for 10 years (until…

Answered: A bond that settles on June 7, 2022,…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A bond that settles on June 7, 2022, matures on July 1, 2042, and may be called at any time after July 1, 2032, at a price of 180. The coupon rate on the bond is 6.4 percent and the price is 196.00. What are the yield to maturity and yield to call on this bond? Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.
A Treasury bond that settles on August 10, 2022, matures on January 15, 2028. The coupon rate is 5.2 percent and the quoted price is 110 11/32. What is the bond's yield to maturity? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Yield to maturity
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