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You own a $1,000 face value Lehman Brothers bond with an 8% coupon, the bond matures in 10 years and it is callable in

 

You own a $1,000 face value Lehman Brothers bond with an 8% coupon, the bond matures in 10 years and it is callable in 5 years at a redemption price of $1,020, The current price of the bond is $980. What is the yield to call on the bond?

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