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A semi-annual corporate bond selling for R825.22, with a coupon of 6% has a YTM of 8%. The bond matures in 8 years, but can
A semi-annual corporate bond selling for R825.22, with a coupon of 6% has a YTM of 8%. The bond matures in 8 years, but can be called in 3 years at a call price of R1060 (this is a premium of 6%). What is this bond's Yield to Call (YTC)? O a. 6% O b. 7.3% O c. 8% O d. 7.6% O e. 15.1%
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