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(1 point) A company issues a 30-year $6000 bond, redeemable at 102 with bond interest at ji = 7%. The bond is callable at the
(1 point) A company issues a 30-year $6000 bond, redeemable at 102 with bond interest at ji = 7%. The bond is callable at the end of 20 years for $4735, at the end of 25 years for $6235 or at the end of 15 years for $7280. Determine the price to guarantee the investor a yield of ji = 10%. Answer: $
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