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Part a is correct. b. Yield to call: Assume the bond in part a. It is just offered and will be callable on December 17th,
Part a is correct.
b. Yield to call: Assume the bond in part a. It is just offered and will be callable on December 17th, 2023 at par, i.e. if call the bond back, call price is $1,000, the par value. Calculate Yield to call at the offering date.
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