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What is the yield to call for a $1,000 par, 20-year, 8% coupon bond with annual...

What is the yield to call for a $1,000 par, 20-year, 8% coupon bond with annual payments, callable in 2 years at a call price of $1,100 that sells for $1,200.

A. 1.72%

B. 2.55%

C. 3.44%

D. 2.81%

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Option B

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