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Suppose you have a 11.75%, 20 year bond traded at $875.60. If it is callable in 5 years at $1,100, what is the bond's yield
Suppose you have a 11.75%, 20 year bond traded at $875.60. If it is callable in 5 years at $1,100, what is the bond's yield to call? Interest is paid semiannually.
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