[Solved] A 4.35% coupon bond with 17 years left to

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A 4.35% coupon bond with 17 years left to maturity can be called in 9 years. The call premium is 1 year of coupon payments.

A 4.35% coupon bond with 17 years left to maturity can be called in 9 years. The call premium is 1 year of coupon payments. It is currently offered for sale at $984,000. What is the yield to maturity? (Assume interest payments are semiannual)

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