Yield to maturity The Salem Company bond currently sells for $918.24, has a coupon interest rate of 14% and a $1000 par value, pays interest annually, and has 10 years to maturity.
a. Calculate the y...
b. Determine if the bond is selling at a premium or discount
c. Assess the bond's yield to call
d. Compare the bond's yield to maturity with other investment options
