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An 8% coupon bond with 10 years left to maturity can be called in 3 years. The call value is $1,072.50. It's current price is
An 8% coupon bond with 10 years left to maturity can be called in 3 years. The call value is $1,072.50. It's current price is $1,066.24. What yield to call of the bond? Assume intrest payments are paid semi-annually and $1,000 par value.
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