Question: Consider the following bond: $5,000 face value, 2% coupon with semi-annual payments, 8 years to maturity, callable after 3 years for a 3% call premium,

Consider the following bond: $5,000 face value, 2% coupon with semi-annual payments, 8 years to maturity, callable after 3 years for a 3% call premium, selling for $5,300. What is the Yield to maturi...

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