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Saban Corp's 15 years are callable in 2.5 years. They pay 10% coupon and the yield to maturity is 8%. What's yield tocali Saban calls
Saban Corp's 15 years are callable in 2.5 years. They pay 10% coupon and the yield to maturity is 8%. What's yield tocali Saban calls them back in 2.5 years and pays an extra annual coupon payment as the cal premium? Show all work to receive ful credit
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