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Say we have a bond with the following characteristics: Face Value = $1000 Coupon rate = 5% Maturity = 5 years Price = $950 If

Say we have a bond with the following characteristics:

Face Value = $1000 Coupon rate = 5% Maturity = 5 years Price = $950

If the call premium is $155 and the bond is called in year 3, what is the Yield to Call?

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8.64%

11.68%

6.19%

9.28%

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