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Assume that you are considering the purchase of a 15-year bond with a coupon rate of 10%. The bond has a par value of $1,000

Assume that you are considering the purchase of a 15-year bond with a coupon rate of 10%. The bond has a par value of $1,000 and makes semiannual interest payments. The bond sells for $894.50, and can be called in 6 years for $1100. What is the yield to call of this bond?

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