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What is the approximate yield to call

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Question - Bulldogs Inc. has Dog bonds outstanding with P1,500 face value and 8 years is remaining before its maturity. These bonds have a current price of P1,750 and pays 10% coupon rate. At the start of Year 4 after the purchase of the bonds, these may now be called at a price of P1,650. What is the approximate yield to call?

Reference no: EM133138506

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