Question: Please write out formula and steps A bond is currently sold at $980, it has 20 years to maturity and 9% coupon rate. The bond

Please write out formula and steps

A bond is currently sold at $980, it has 20 years to maturity and 9% coupon rate. The bond will be called in 5 years, the bond will be called at a premium of $1,050 of $1,050, what is the yield to call?

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