What is the yield to call if the call price

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A 20-year maturity, 7.0% coupon bond paying coupons semiannually is callable in seven years at a call price of $1,200. The bond currently sells at a yield to maturity of 6.0% (3.00% per half-year).

What is the yield to call if the call price is only $1,150?

Yield to call= %?

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Reference no: EM131567849

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