A firms bonds have a maturity of 14 years with a 1000 face v

A firm\'s bonds have a maturity of 14 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 7 years at $1,076, and currently sell at a price of $1,138.51.

What is their nominal yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places

. % What is their nominal yield to call? Do not round intermediate calculations. Round your answer to two decimal places.

FV = 1000, PMT = 40, N = 28, PV = -1138.51

use rate function in Excel and multiply by 2

yield to maturity = 6.48%

FV = 1076, PMT = 40, N = 14, PV = -1138.51

use rate function in Excel and multiply by 2

yield to call = 6.39%

$A firm\'s bonds have a maturity of 14 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 7 years at $1,076, and currently sell at a p$

A firms bonds have a maturity of 14 years with a 1000 face v

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