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Summit Corp's annual coupon bonds currently sell for $ 1 3 0 0 . They pay a $ 1 0 5 annual coupon and have
Summit Corp's annual coupon bonds currently sell for $ They pay a $ annual coupon and have a year maturity, but they can be called in years at $ premium to par. What is the bond's yield to call?Assume a par value of $Show the buttons you pressed on your financial calculator or the time value of money formulas of chapter used to compute the answer for full credit.
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