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16. Medany co. has issued a bond with face value of $1000, the coupon rate is 12%, the bond maturity date is 10 years, and
16. Medany co. has issued a bond with face value of $1000, the coupon rate is 12%, the bond maturity date is 10 years, and the required rate of return is 10%. If the market value of the bond is equal to $1150. What is the investor's buying decision for Medany Co. bond? And If this bond is callable, the call price is $1050 and call date is 6 years. What is the investor's buying decision for Medany Co. callable bond?
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