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A corporate bond has a 15-year maturity and pays interest annually. The bond is priced at par and its coupon rate is 5%. The bond
A corporate bond has a 15-year maturity and pays interest annually. The bond is priced at par and its coupon rate is 5%. The bond is callable in 5 years at 120% of par. Whats the bonds yield to call? A. 7.11% B. 8.38% C. 10.5% D. 4%
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