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IBM has an outstanding bond with an annual coupon of 6 . 7 % and a face value of $ 1 , 0 0 0
IBM has an outstanding bond with an annual coupon of and a face value of
$ that matures in years. The bond's current price is $ It is
callable at a call price of $ with years of call protection from now.
Part
Attempt for pts
What is the yield to call?
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