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Rearden Metal has just issued a callable, $ 1 0 0 0 par value, twenty - year, 6 % coupon bond with semiannual coupon payments.
Rearden Metal has just issued a callable, $ par value, twentyyear, coupon bond with semiannual coupon payments. The bond can be called at par in seven years or anytime thereafter on a coupon payment date. If the bond is currently trading for $ then its yield to call is closest to decimal places:
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