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Mirage Inc. just issued a 7-year, 4.5% callable bond, which can be called at $103 in three years or thereafter on a coupon payment date.
Mirage Inc. just issued a 7-year, 4.5% callable bond, which can be called at $103 in three years or thereafter on a coupon payment date. The current price of the bond is $105. What is the YTW of this bond?
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