Q5) You bought a 18-year, 06.70% semi-annual coupon bond today and the current market rate of return
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Q5) You bought a 18-year, 06.70% semi-annual coupon bond today and the current market rate of return is 05.90%. The bond is callable in 7 years with a $63 call premium. What price did you pay for your bond?(2 points)
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