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A bond has a current price of $900, 8% coupon rate, 20 years until maturity, semiannual payments, and has $1000 face value. The bond can
A bond has a current price of $900, 8% coupon rate, 20 years until maturity, semiannual payments, and has $1000 face value. The bond can be called in 10 years for a price of $1,050. What is the yield to call?
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