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A bond has a $1,000 par value, twelve years to maturity, and pays a coupon of 5.75% per year, semiannually. The bond is callable in

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A bond has a $1,000 par value, twelve years to maturity, and pays a coupon of 5.75% per year, semiannually. The bond is callable in five years at 115% of its par value. If the bond's price is $1,183.11, what is its yield to call? A) 4.46% B) 4.36% C) 5.26% D) 4.06% E) 4.16%

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