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Three years ago, a company issued a 10-year bond with a $1,000 face value and a 5 percent coupon rate of interest. Interest is paid

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Three years ago, a company issued a 10-year bond with a $1,000 face value and a 5 percent coupon rate of interest. Interest is paid semiannually. This bond's current market price is $800. If the bond can be called in two years for a redemption price of $1,010, what is the bond's yield to call? |

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