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Consider a 11-year, 6% annual coupon $1000 par bond currently trading at par. Suppose that the bond is callable in 2 years at 102% par.

Consider a 11-year, 6% annual coupon $1000 par bond currently trading at par. Suppose that the bond is callable in 2 years at 102% par. What is the bond's yield to call? Assume annual compounding. Round your answer to 4 decimal places.

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