CALL GATE

If the issuer calls,
what did you earn?

FACE VALUE

MARKET PRICE

COUPON %

—YIELD TO CALL

CALL PRICE

YEARS TO CALL

FREQUENCY

Assumes the bond is called exactly on the entered date horizon and coupons remain fixed until then.

Yield to call is scenario-specific, not a prediction that the issuer will exercise the call. Accrued interest and irregular periods are excluded.

If the issuer calls,what did you earn?