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Radley Co. issued a 20-year, 6% bond one year ago. It has annual interest payments. It is currently trading at $1250. Yield to maturity is

Radley Co. issued a 20-year, 6% bond one year ago. It has annual interest payments. It is currently trading at $1250. Yield to maturity is 5.0%. The bond can be called one year after issue at $1150. a) What is yield to call? (3 marks) b) Where can you find the terms for the callable bond? (1 mark)

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