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A 20 year, 12% semi annual coupon bond selling for 1200$ can be called in 5 years for 1160$ what is its effective yield to

A 20 year, 12% semi annual coupon bond selling for 1200$ can be called in 5 years for 1160$ what is its effective yield to call?

a)3.324%

b)4.732%

c)9.463%

d)10.615%

e)9.688%

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