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4. A 5.9% coupon bond with 30 years left to maturity can be called in 5 years. The call premium is 5 one year of

4. A 5.9% coupon bond with 30 years left to maturity can be called in 5 years. The call premium is 5 one year of coupon payments. It is offered for sale at $1105.50. What is the yield to call of the bond? (Assume interest payments are semiannual)

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