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YYZ Inc's bonds currently sell for $1,280 and have a par value of $1,000. They pay a 13.5% semi-annual coupon and have a 15 -year

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YYZ Inc's bonds currently sell for $1,280 and have a par value of $1,000. They pay a 13.5% semi-annual coupon and have a 15 -year maturity, but they can be called in 5 years at a 5% premium. What is their yield to call (annual) (YTC)? round to 2 decimal places

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