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A municipal bond has 28 years until maturity and sells for $5,340. It has a coupon rate of 4.50 percent and it can be called
A municipal bond has 28 years until maturity and sells for $5,340. It has a coupon rate of 4.50 percent and it can be called in 8 years. What is the yield to call if the call price is 105 percent of par
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