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Bond A is AA-rated, has a 4% coupon rate, and matures in 15 years. It is callable in five years at 103% of par. Calculate

Bond A is AA-rated, has a 4% coupon rate, and matures in 15 years. It is callable in five years at 103% of par. Calculate the yield to call if the current price of the bond is $900. Assume interest is paid annually. A- U S E EX2 x2 I c ch >

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