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You purchase for $900, $1000 par value 10-year 8% coupon bond with semiannual payments that is...

You purchase for $900, $1000 par value 10-year 8% coupon bond with semiannual payments that is callable in 5 years at $1,100. What is the bonds yield to call? (YTC)

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Answer #1

yield to call is 12.24%

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