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ConocoPhillips Inc. issued a 16-year bond which is callable in 8 years. It has a coupon rate of 10.35% payable semiannually, has a call premium
ConocoPhillips Inc. issued a 16-year bond which is callable in 8 years. It has a coupon rate of 10.35% payable semiannually, has a call premium of $130, and is currently selling for $800. What is the yield to call? (The face value of the bond is $1000.) Question 14 options: 13.71% 15.69% 13.76% 14.68%
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