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. (2.5 points) A Callable bond is currently selling for $1,150. The bond pays a coupon of 8% (paid semi-annually). The bond is callable in

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. (2.5 points) A Callable bond is currently selling for $1,150. The bond pays a coupon of 8% (paid semi-annually). The bond is callable in 5 years for $1,040. The bond has 15 years left to mature. Calculate Yield to Call (YTC) of the bond

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