A bond with $1000 par value pays 10 annual coupon, has 10 years to maturity, and is callable in 3 years at a call price of $1,100 If the bond is selling today for $975, the yield to call is 10 26 10 00 9 25 13 98 12 00

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A bond with $1000 par value pays 10% annual coupon, has 10 years to maturity, and is callable in 3 years at a call price

A bond with $1000 par value pays 10% annual coupon, has 10 years to maturity, and is callable in 3 years at a call price of $1,100. If the bond is selling today for $975, the yield to call is _________.

10.26%

10.00%

9.25%

13.98%

12.00%

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		10.26%
		10.00%
		9.25%
		13.98%
		12.00%