Question: Suppose that we have a 3-year, $1,000 par value, 6% semiannual coupon bond. We observe that the value of the bond is $852.48. The first

Suppose that we have a 3-year, $1,000 par value, 6%
semiannual coupon bond. We observe that the value of the
bond is $852.48. The first call price is $1,060 in 2 years. Find
YTC

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