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A bond pays coupons of 5%, semi-annually and has 20 years left to maturity. It is currently priced for a Yield to Maturity of 3%.

A bond pays coupons of 5%, semi-annually and has 20 years left to maturity. It is currently priced for a Yield to Maturity of 3%.

This bond is Callable in ten years at a premium of 10%. What is the Yield to Call of this bond?

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