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A 30-year US corporate bond paying 8% coupon is callable in five years at a call premium of 9%. The bond currently sells at a
A 30-year US corporate bond paying 8% coupon is callable in five years at a call premium of 9%. The bond currently sells at a yield to maturity of 5%. What is the yield to call? Make sure to show your work. (no excel) FINANCIAL CALCULATOR
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