问题
单项选择题
What is the yield to call on a bond that has an 8 percent coupon paid annually, $1000 face value, 10 years to maturity and is first callable in 6 years The current market price is $1100. The call price is the face value plus 1-year's interest.()
A. 6.00%.
B. 7.14%.
C. 7.02%.
答案
参考答案:C
解析:
N=6; PV=-1100.00; PMT=80; FV=1080; CPF I/Y=7.02%.