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Greg corp has a bond outstanding with 15 years to maturity, an 12 % annual coupon rate, semiannual payments, and a $1000 par value. The
Greg corp has a bond outstanding with 15 years to maturity, an 12 % annual coupon rate, semiannual payments, and a $1000 par value. The bond has 9% yield to maturity, but it can be called in 7 yeard at a price of $1200. What is the bonds yield to call?
A) 2.77%
B) 4.64%
C) 2,28%
D) 9.27%
F) 5.55%
G) 6.11%
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