Sounds Nice industries has a bond outstanding with 15 years to maturity, an 8.25 nominal coupon, semiannual payments, an...

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Sounds Nice industries has a bond outstanding with 15 years to maturity, an 8.25 nominal coupon, semiannual payments, an...

Sounds Nice industries has a bond outstanding with 15 years to maturity, an 8.25 nominal coupon, semiannual payments, and a $1000 par value. The bond has a 6.50 Yield to maturity, but it can be called in 6 years at a price of $1045. What is the bond's Yield to call?

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B $1,000 15 . 1 Par Value 2 Years to Maturity 3 Coupon Rate 4. Frequency 5 YTM 8.25% 2 semi-annual 6.50% 7 Current Price $1,1 A 1 Par Value 1000 2 Years to Maturity 15 3 Coupon Rate 0.0825 4 Frequency 5 YTM 0.065 semi-annual 6 7 Current Price --PV(B5/

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