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# 24,solve using financial calculator Assume that a 30-year semi-annual, 12% $1,000 bond is callable after 15 years at 105% of par value and the
# 24,solve using financial calculator Assume that a 30-year semi-annual, 12% $1,000 bond is callable after 15 years at 105% of par value and the discount rate in todays market is 10%. Using the price-to-worst method, what is the value of this bond?
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$1,165
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$1,189
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$1,245
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$1,120
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$967
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