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Assume a municipal bond has 2 5 years until maturity and sells for $ 5 , 5 6 5 . It has a coupon rate
Assume a municipal bond has years until maturity and sells for $ It has a coupon rate of percent and it can be called in
years. What is the yield to call if the call price is percent of par?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
Yield to call
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