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Business, 07.04.2020 23:08 saucyboyFredo

You own a bond with the following features: face value of $1000, coupon rate of 9% (semiannual coupon), and 30 years to maturity. The bond has a current price of $1100. The bond is callable after ten years with the call price of $1090. What is the yield to call if the bond is called at ten years (state as an APR)

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