A callable bond from Schwarzwalder is selling at 104% of its par value at this...
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A callable bond from Schwarzwalder is selling at 104% of its par value at this moment. The annual coupon rate is 8% and it is callable 10 years from now with a call a 3% call premium.
What is Schwarzwalder Bond's YTC (yield to call)?
(Please round up your answers to two decimals and type your answer without the percentage sign. E.g. if you answer is 15.856%, type 15.86)
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