Suppose You Have a 10%,20 Year Bond Traded at $1,120

question 48

Multiple Choice

Suppose you have a 10%,20 year bond traded at $1,120.If it is callable in 5 years at $1,150,what is the bond's approximate yield to call? Interest is paid quarterly.

• A) 7.78%
• B) 8.00%
• C) 9.40%
• D) 9.36%
• E) 9.72%

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Definitions:

Axon

The part of the neuron that carries information away from the cell body toward other cells.

Neuron

A distinct type of cell responsible for conveying nerve signals; commonly known as a neuron.

Cell Body

The part of the neuron that contains the nucleus, which directs the manufacture of substances that the neuron needs for growth and maintenance.

Fat Cells

Specialized cells in the body that store energy in the form of fat and play a key role in regulating metabolism.