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A US bond has a coupon rate of 2.5% and a price in todays market of $800. It matures in 13 years with a par
A US bond has a coupon rate of 2.5% and a price in todays market of $800. It matures in 13 years with a par value of $1000. It can be called in 4 years at par plus one years coupon interest. The bonds yield to call is closest to:
- A. 9.11%
- B. 4.63%
- C. 4.56%
- D. 8.50%
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