Determine what is the yield to call of the bond for sale

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Reference no: EM13328566

A 6.75% coupon bond with 13 years left to maturity can be called in 2 years. The call premium is one year of coupon payments. It is offered for sale at $919.75. What is the yield to call of the bond? Assume interest payments are paid semiannually.

Reference no: EM13328566

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