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ABC's bonds currently sell for $1150 and have a par value of $1,000. They pay a $50 annual coupon and mature in 10 years, but
ABC's bonds currently sell for $1150 and have a par value of $1,000. They pay a $50 annual coupon and mature in 10 years, but they can be called in 5 years at $1,200. What is their yield to maturity? Select one: O a. 2.84% O b. 8.07% O c. 3.22% O d. 5.93%
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