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Clear inc. just issued a 30 yr, 10.5% coupon with the face value of 1,000. Right now, the bond can be called in 4 years
Clear inc. just issued a 30 yr, 10.5% coupon with the face value of 1,000. Right now, the bond can be called in 4 years at a price of 1,200 and sells for 1,400. What is the bonds ytc?
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