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You are a bond trader. You are considering buying a bond with a coupon rate of 8 . 4 % that matures in 1 7
You are a bond trader. You are considering buying a bond with a coupon rate of that matures in years and has semiannual payments. The bond is now trading for $ Par value is $ The bond can be called in years for $ What is the yield to maturity YTM Please answer in annual yield in percentage with two decimal places. For instance, if the answer is please put as your answer.
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