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M on a 10-year, 9% coupon, semi-annual payment, $1,000 par value bond that sells for $887? How does adding a quot;call provisionquot; affect a bond?…

What”s the quoted annual YTM on a 10-year, 9% coupon, semi-annual payment, $1,000 par value bond that sells for $887? How does adding a “call provision” affect a bond?

 

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