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A callable bond pays annual interest of $5, has a par value of $100, matures in 10 years but is callable in 5 years at
A callable bond pays annual interest of $5, has a par value of $100, matures in 10 years but is callable in 5 years at a price of $110, and has a value today of $106. Calculate the yield to call.
5.18%
5.27%
5.39%
5.58%
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