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Atlantis Fisheries issues zero coupon bonds on the market at a price of $430 per bond. These are callable in 12years at a call price
Atlantis Fisheries issues zero coupon bonds on the market at a price of $430 per bond. These are callable in 12years at a call price of $603. Using semiannual compounding, what is the percentage yield to call for these bonds?
(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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