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Determine the yield-to-call (to nearest 0.1 of a percent) of anLTV bond with a 14 percent coupon, that pays interest semiannually.The bond can be called

Determine the yield-to-call (to nearest 0.1 of a percent) of anLTV bond with a 14 percent coupon, that pays interest semiannually.The bond can be called in 7 years, has a call premium of $140, andis currently selling for $1154. ( Show how to get to the resultstep by step) Thank you.

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