A 10% coupon bond, annual payments, 10 years to maturity is callable in 3 years at a call price of \$1,100. If the bond is selling today for \$975, the yield to call is
Giải thích
Chọn đáp án E
Giải thích: FV = 1100, n = 3, PMT = 100, PV = -975, i = 13.98%