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A bond with 5 years remaining until maturity is currently trading for 101 per 100 of par value. The bond offers a 6% coupon rate with interest paid semi-annually. The bond is first callable in 3 years, and is callable after that date on coupon dates according to the following schedule:
-The bond's yield-to-worst is closest to:
Sales Tax
A tax imposed on sales of goods and services, usually calculated as a percentage of the purchase price paid by the consumer.
Country Population
The total number of people living within the borders of a specific country at a given time.
Stock Variable
A quantity measured at one specific time, representing a certain amount accumulated up to that time.
Money Supply
The total amount of monetary assets available in an economy at a specific time.
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