Evaluating a 7%, 10-year bond that is callable at par in 5 years. Coupon payment can be reinvested at 7% annually, and the current price of the bond is $106.50. The bond pays interest semiannually. Should the yield to call (YTC) or yield to maturity (YTM) be an appropriate measure?
A、YTM, since YTM is greater than YTC
B、YTC, since YTC is less than YTM
C、YTC, since YTC is greater than YTM
发布时间:2026-02-08 07:51:11