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QUESTION 10 A callable bond pays annual interest of $25, has a par value of $1000, matures in 4 years but is callable in 2

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QUESTION 10 "A callable bond pays annual interest of $25, has a par value of $1000, matures in 4 years but is callable in 2 years at a price of $1015, and has a value today of 5960. The yield to call on this bond is Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, write 0.05

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