What is the yield to maturity

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Question - A bond has a coupon rate of 6.5%, pays annual coupons, has 8 years to maturity and sells for $1,045. It is callable in 3 years at a price of $1,100.

What is the yield to maturity?

What is the yield to call?

What would you expect about the probability of this bond being called?

Reference no: EM132969809

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