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A 9% new-issued coupon bond with semi-annual payments purchased on Valentine's Day of 2019 is callable on Valentine's Day of 2027. The call price (Par

A 9% new-issued coupon bond with semi-annual payments purchased on Valentine's Day of 2019 is callable on Valentine's Day of 2027. The call price (Par value at the end of the call-protection period) is $1,000.00. If the bond was first sold for $963.00, then the yield-to-call would be _____

Use the "YIELD" Excel function to calculate the required answer in the yellow highlighted cell (cell E24)Round to 2 decimals. Do not change the formatting of any cell. The final answer has to be a positive percentage.

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