g Seven years ago, you purchased 18-year bonds with an 11% annual coupon rate at its $1,000 par value. The bonds have a 6% call premium, with 5 years of call protection. Today the bond was called. Compute the yield for the bond you receive for buying it when it was issued and holding it until called. Select one: a. Less than 7% b. Between 7% and 9% c. Between 9% and 11% d. Between 11% and 13% e. Greater than 13%
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