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Coca-Cola Company issued callable bonds with a face value of $1,000, a coupon rate of 6%, and 10 years remaining until maturity. The bonds are

Coca-Cola Company issued callable bonds with a face value of $1,000, a coupon rate of 6%, and 10 years remaining until maturity. The bonds are callable in 5 years at a call price of $1,050. Determine the yield to call for these bonds, considering the current market price of $1,025. Discuss the implications of the yield to call for bond investors.

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