I don't know what RJY is, but assuming this bond has a term of 13 years to maturity, then its YTM is 9.83%. Here is an online financial bond calculator to crunch the numbers. Enter the price as a NEGATIVE number, because this is cash outflow:
http://www.zenwealth.com/BusinessFinance...
A premium for its potential call in 2017 is completely speculative, because we have no data on the terms and the probability of that happening.
You are looking at RJY 9.5% 2027 callable in 2017. If the quote of the bond is 97.60, what is the yield to maturity?
