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9. An 8.5%, 30-year bond is callable at par in 10 years. This is a semiannual payment bond, similar to Treasury issues, but par is

9. An 8.5%, 30-year bond is callable at par in 10 years. This is a semiannual payment bond, similar to Treasury issues, but par is 100. If its price is 105, which is bigger, its yield to call or the yield to maturity?

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