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A 15-year callable bond is currently issued at market interest rate of 7.67%. Annual coupon rate is 10.5%. The callable bond will be called in

A 15-year callable bond is currently issued at market interest rate of 7.67%. Annual coupon rate is 10.5%. The callable bond will be called in 4 years at $1,100. What is YTC? (Assuming the bond is semi-annually compounding)

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