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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 collable in 10 years at

A callable bond pays annual interest of $60, has a par value of $1.000 matures in 20 years but is collable 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 6.589 7295 83 6%

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