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A 6.60% coupon bond with 18 years left to maturity can be called in 12 years; The call premium is 1 year of coupon payments;

"A 6.60% coupon bond with 18 years left to maturity can be called in 12 years; The call premium is 1 year of coupon payments; The bond is currently offered for sale at $1,114.82 (Assume interest payments are semiannual) - What is the bond's yield to maturity? NOTE: ONLY SUBMIT YOUR % ANSWER IN THE FOLLOWING NUMBER FORMAT 1.23 IF YOU CALCULATED 1.23% (i.e. 2 DECIMAL PLACES BUT DO NOT INCLUDE PERCENTAGE SIGN)

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