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5 marks) Bell Canada just issued a callable (at par) ten-year 7% coupon bond with annual payments. The bond can be called at par in

5 marks) Bell Canada just issued a callable (at par) ten-year 7% coupon bond with annual payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. The bond has a price of 103 percent of face value. What is the bonds yield to maturity and yield to call?

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