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1. A 25-year maturity, 8% coupon bond paying coupons semiannually is callable in 10 years at a call price of $1,100. The bond sells at
1. A 25-year maturity, 8% coupon bond paying coupons semiannually is callable in 10 years at a call price of $1,100. The bond sells at a yield to maturity of 6.5%, or 3.25% per half-year. a.?...
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