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A 10% coupon bond with annual payments and 10 years to maturity is callable in four years at a call price of $1,100. If the
A 10% coupon bond with annual payments and 10 years to maturity is callable in four years at a call price of $1,100. If the bond is selling today for $975, the yield to call is
A) 10.26%.
B) 12.90%.
C) 9.25%.
D) 13.98%
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