Question: Check my work Problem 10-22 Yield to Call (LO1, CFA3) 10.2 percent, 25 years to maturity, call protection for the next 10 Fooling Company has

 Check my work Problem 10-22 Yield to Call (LO1, CFA3) 10.2

Check my work Problem 10-22 Yield to Call (LO1, CFA3) 10.2 percent, 25 years to maturity, call protection for the next 10 Fooling Company has a callable bond outstanding with a coupon of years, and a call premium of $50. What is the yield to call (YTC) for this bond if the current price is 109 percent of par value? (Do not round Intermedilate calculations. Enter your answer as a percent rounded to 2 Yield to call

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