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Given an 8-year 6% semiannual bond priced at 106.40 callable in two years at 103.55, what is most likely the Yield to Call? a) 2.17%
Given an 8-year 6% semiannual bond priced at 106.40 callable in two years at 103.55, what is most likely the Yield to Call?
a) 2.17%
b) 3.55%
c) 4.34%
d) 5.38%
e) 2.69%
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