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A callable bond has a value today of 105.184. It pays semiannual interest of $11, matures in 22 years and is callable in 5 years
A callable bond has a value today of 105.184. It pays semiannual interest of $11, matures in 22 years and is callable in 5 years at a price of $1,101. The yield to call on this bond is
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