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Yield to call

Definition: [crh] The percentage rate of a bond or note if the investor buys and holds the security until the <Definition: A HREF="/?rd=call">call date. This yield is valid only if the security is called prior to maturity. Generally bonds are callable over several years and normally are called at a slight premium. The calculation of yield to call is based on coupon rate, length of time to call, and market price.

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