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General Electric has just issued a callable ( at par ) 1 0 - year, 6 . 4 % coupon bond with annual coupon payments.
General Electric has just issued a callableat paryear, coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $
a What is the bond's yield to maturity?
b What is its yield to call?
c What is its yield to worst?
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