Solved

Rearden Metal Has Just Issued a Callable,$1000 Par Value,twenty-Year,8% Coupon

Question 30

Multiple Choice

Rearden Metal has just issued a callable,$1000 par value,twenty-year,8% coupon bond with semiannual coupon payments.The bond can be called at par in five years or anytime thereafter on a coupon payment date.If the bond is currently trading for $1040.79,then its yield to call is closest to:


A) 3.8%.
B) 7.0%.
C) 7.6%.
D) 8.0%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions