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A 10%, $1,000, 15-year bond paying semi-annual coupons is callable in 10 years at 110% par. It is currently selling for $980. What is its
A 10%, $1,000, 15-year bond paying semi-annual coupons is callable in 10 years at 110% par. It is currently selling for $980. What is its yield to call?
10.57%
10.27%
10.61%
10.91%
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
5th Edition
0131445650, 9780131445659
