What is the yield to call of maturity bond

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What is the yield to call of a 30 year to maturity bond that pays a coupon rate of 12.93 percent per year. has a $1000.00 par value and is currently priced at $1,403? The bond can be called back in 8 years at a call price $1,095. Assume annual coupon payments.

Round answer to two decimal problems in percentage form.

Reference no: EM131558624

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