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ABC Company has 6 percent bonds outstanding that mature in 13 years. The bonds can be called in 3 years at a call price of

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ABC Company has 6 percent bonds outstanding that mature in 13 years. The bonds can be called in 3 years at a call price of $1150. The bonds pay interest semiannually and have a face value of $1,000. Currently, the bonds are selling for $993 each. What is the yield top call (YTC)? Enter your answer in percentages rounded off to two decimal points

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