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ABC Co has $1000 face value bonds outstanding that mature in 12 years, but are callable in 4 years at a premium of $1045. The

ABC Co has $1000 face value bonds outstanding that mature in 12 years, but are callable in 4 years at a premium of $1045. The bonds have 6% coupon(paid semi-annually). If the bonds currently sell for $1024, what is the Yield to Call for these bonds?

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