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A bond has just been issued. The bond is currently selling for $900. The bond will mature in 9 years. The bonds annual coupon rate

  1. A bond has just been issued. The bond is currently selling for $900. The bond will mature in 9 years. The bonds annual coupon rate is 6% and the face value of the bond is $1,000. Coupons will be paid annually. The bond is callable in 8 years and the call price is $1180. Excel
    1. Compute the bonds yield to call.

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