What interest rate in five years will the bond be called

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A 20-year maturity, 8% coupon bond paying coupons semiannually is callable in 5 years at a call price of $1, 075. The bond currently sells at a yield to maturity of 7.5% (3.75% per half-year). What is the yield to call? At what interest rate in 5 years will the bond be called?

Reference no: EM131360830

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