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RST 10% bonds were issued 3 years ago and currently sell for $1109.88. These bonds mature in 17 years, but can be called in 2
RST 10% bonds were issued 3 years ago and currently sell for $1109.88. These bonds mature in 17 years, but can be called in 2 years at a 4% premium. Find the yield to call. Round intermediate steps to four decimals.
4.21%
4.16%
5.95%
3%
6%
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