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What is the YTC (Yield-to-call) of a 10 year bond that is callable after 3 years, has a 2% call premium and and coupon rate
What is the YTC (Yield-to-call) of a 10 year bond that is callable after 3 years, has a 2% call premium and and coupon rate of 5% assuming a price of $105 per 100% face value?
a) 3.74%
b) 4.24%
c) 5.24%
d) 4.74%
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