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XYZ has just issued a 10-year bond which is trading at $982 at origination. The bond has a coupon rate of 5%, par value of

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XYZ has just issued a 10-year bond which is trading at $982 at origination. The bond has a coupon rate of 5%, par value of $1,000 and pays interest semiannually. If the bond can be called in 7 years for 108% of the par value, calculate its semiannual yield to call 0 4.50% 0 2.50% O 3.93% 0 3.12%

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