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A callable bond has a first call price of 103.80 and is currently callable. The price is $100.26. The modified duration of the bond is

A callable bond has a first call price of 103.80 and is currently callable. The price is $100.26. The modified duration of the bond is 8.66 years and the YTM is 2.8%. What YTM would make the call option be at the money? Use MD to calculate the YTM and report your answer to the nearest basis point.

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