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ABC corporation has a bond in the market with a 10 year maturity and a 5.00% coupon. If this bond has been in the market
ABC corporation has a bond in the market with a 10 year maturity and a 5.00% coupon. If this bond has been in the market for 2 years and is selling at a price of 103.306, what would the yield to call be at the end of 5 years? Assume this is the first call.
a. 4.875 b. 4.990 c. 5.351 d. 5.423 e. 5.550
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