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( 1 0 points ) Dong Hwa Inc. issues a callable ( at par ) ten - year, 6 % coupon bond with annual coupon
points Dong Hwa Inc. issues a callable at par tenyear, coupon bond with annual coupon payments. The bond can be called at par in two years after release or any time after that on a coupon payment date. On release, it has a price of $ per $ of face value. What is the yield to call of this bond when it is released?
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