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$11$ of $20$ Concepts completed

Multiple Choice Question

Which one of these defines the yield to call?

Coupon rate compounded by the number of periods until a bond can be called

Rate earned by buying a bond at todays price and holding it until the first call date

The call prenium expressed as a percentage or the par value

Purchasing a bond on its first call date and holding it untal its matunty date.

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