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Three years ago, you purchased a $1000, 15 year, 8% annual coupon, callable bond. The call provisions allows the issuer to call the bond after

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Three years ago, you purchased a $1000, 15 year, 8% annual coupon, callable bond. The call provisions allows the issuer to call the bond after 8 years at a price of $1150. The current price of the bond is $1200. Calculate the yield-to-call. 5.9396 6.25% 5.6696 3.5696

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