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A corporate bond has a 10 -year maturity and pays interest semiannually. The quoted coupon rate is 6%, and the bond is priced at par.

image text in transcribed A corporate bond has a 10 -year maturity and pays interest semiannually. The quoted coupon rate is 6%, and the bond is priced at par. The bond is callable in 8 years at 112% of par. What is the bond's yield to call? 8.00% 9.17% 8.98% 7.14%

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