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Suppose a 7%, 100=par bond is callable at 105 in one year. The bond has 10 years until maturity. The market price is 108. The

Suppose a 7%, 100=par bond is callable at 105 in one year. The bond has 10 years until maturity. The market price is 108. The yield to call is approximately

A. 5.47%

B. 3.76%

C. 6.21%

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