Calculate the yield to call of the bond

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FirmA has just issued a callable (at its $1000 par value) five - year, 8% coupon bond with annual coupon payments. The bond can be called at $1050 in one year or anytime thereafter on a coupon payment date. It has a price of $1030 per $1000 face value today, Calculate the yield to call of the bond.

Reference no: EM131938929

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