What is the yield to call of the bond

Reference no: EM131928643

Question: A 6.00 percent coupon bond with 17 years left to maturity can be called in six years. The call premium is one year of coupon payments. It is offered for sale at $1,075.30. What is the yield to call of the bond? (Assume interest payments are semiannual.)

Reference no: EM131928643

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