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You are a bond trader. You are considering buying a semiannual bond with a coupon rate of 7.3% that matures in 13 years. The bond

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You are a bond trader. You are considering buying a semiannual bond with a coupon rate of 7.3% that matures in 13 years. The bond price is now trading for $915.22. Par value is $1,000. The bond can be called in 8 years for $1,073. What is the yield to call (YTC)? (Please write in annual yield to call in percentage form with 2 decimal places le. 12.14\%) Numeric Response

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