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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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