Yield to Call?

CFA Level I
#1

A callable bond has a 4% current yield, 7% yield-to-maturity, 5% yield-to-call, and 3% nominal yield. What is the yield-to-worst? a. 3% b. 4.5% c. 5% d. 2%

#2

C

#3

C for me too. The current yield is not relevant to the question.

#4

C

#5

Correct. Yield to worse is the lowest of YTM, YTC, and YTP. Nominal yield = coupon yield Current yield = coupon/current price.

#6

C is correct.