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A bond selling at a yield to maturity of 6% pays a 7% coupon (with semiannual payments) and has a maturity of 18 years. The
A bond selling at a yield to maturity of 6% pays a 7% coupon (with semiannual payments) and has a maturity of 18 years. The bond can be called in 5 years at a price of $1,075. What is the Yield-to-Call
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