What is this bond YTC

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Question - A $1,000 par value bond paying a 6% semi-annual coupon with 22 years to maturity is priced at $1185. This bond is callable in 12 years at a price of $1,070. What is this bond's YTC?

Reference no: EM133001751

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What is this bond YTC : A $1,000 par value bond paying a 6% semi-annual coupon with 22 years to maturity is priced at $1185. What is this bond YTC
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