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Atlantis Fisheries bonds mature in 10 years, carry a 5% coupon rate and current trade for $1105. These bonds are callable in 4 years at
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Atlantis Fisheries bonds mature in 10 years, carry a 5% coupon rate and current trade for $1105. These bonds are callable in 4 years at a 3% premium. What is the yield to call for these bonds?
a. 3.97%
b. 3.72%
c. 2.91%
d. 4.10%
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