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Consider the following features of the following callable bond: Coupon rate is 6% (annual), number of years to maturity is 7, number of years to

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Consider the following features of the following callable bond: Coupon rate is 6% (annual), number of years to maturity is 7, number of years to call is 2, call price is $1,100, current price of the bond is $1,100. Calculate the yield to call (YTC) a 6.95% b. 5.45% c. 7.25% od 10.50%

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