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The Brookside Corporation has a bond with an annual coupon rate of 9 percent, and is currently selling for $920. The bond matures in 15

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The Brookside Corporation has a bond with an annual coupon rate of 9 percent, and is currently selling for $920. The bond matures in 15 years and is callable in four (4) years, At call the bond will pay a call premium of 12%. Q: Determine the bond's approximate yield-to-call (AYC)

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