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A callable bond pays annual interest of $60, has a par value of $1,000, matures in 20 years but is callable in 10 years at

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A callable bond pays annual interest of $60, has a par value of $1,000, matures in 20 years but is callable in 10 years at a price of $1, 100, and has a value today of $1055.84. The yield to call on this bond is _____ A) 8% B) 6% C) 7.2% D) 6.58%

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