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What is the yield to first par call of a 20-year, 8.5% bond with a market price of $104.95, if the first par call date is in 15 years?
A. 8.20%
B. 7.93%
C. 8.50%
Answer: B
Explanation:
N=30, PV = -104.95, PMT = 4.25, FV = 100, I/Y =?= 3.965, YTM = 3.965(2) = 7.93%
NEW QUESTION: 2
-- Exhibit-
-- Exhibit --
Sentence Our shipping policy guaranteeing that your trees will reach you in the best
possible condition.
Which correction should be made to sentence 5?
A. change will reach to are reaching
B. replace your with one's
C. change guaranteeing to to guarantee
D. insert a comma after you
E. change guaranteeing to guarantees
Answer: E
NEW QUESTION: 3
A. Option B
B. Option C
C. Option A
D. Option E
E. Option D
Answer: C,E
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Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
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Eleanore - 2014-09-28 16:36:48