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Compute the yield to call. (Round your answer to 2 decimal places.) A 4.20 percent coupon municipal bond has 14 years left to maturity and

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Compute the yield to call. (Round your answer to 2 decimal places.)

A 4.20 percent coupon municipal bond has 14 years left to maturity and has a price quote of 97.55. The bond can be called in four years. The call premium is one year of coupon payments. (Assume interest payments are semiannual and a par value of $5, 000.)

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