Question 24 4 pts A 10-year, 10% semiannual coupon bond, with a par value of $1, ay be called in another 3 years at...

Question

Question

business finance

Answer 1

Answer #1

Yield to call is calculated using the RATE function:-

=RATE(nper,pmt,pv,fv)

=RATE(3*2,10%/2*1000,-1080,1045)*2

=8.29%

Answer 2

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