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An 18-year bond has a par value of $1,000 and a coupon rate of 8.2%. It has a call price of $1,220 and can be

An 18-year bond has a par value of $1,000 and a coupon rate of 8.2%. It has a call price of $1,220 and can be called in 8 years. Coupon payments are made semi-annually. What is the annual yield to call if the bond is priced to yield 12%? O 6.65% O 7.96% 12.07% 15.92% h

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