Question: Question 2014 Moving to the next question prevents changes to this answer Question 2 25 points A callable bond pays semi-annual interest of 565, hasa

 Question 2014 Moving to the next question prevents changes to this

Question 2014 Moving to the next question prevents changes to this answer Question 2 25 points A callable bond pays semi-annual interest of 565, hasa par value of $1,000, matures in 20 years but is calable in 12 years at a price of $1,100, and has a value today of 51055 84 What is the yield to call on this bond? 6:31% 6.39% 656 700%

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