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9. A $1,000 ten year callable bond with 8% annual coupons can be called anytime after 5 years with a call premium of 5%. What
9. A $1,000 ten year callable bond with 8% annual coupons can be called anytime after 5 years with a call premium of 5%. What is the most that a buyer should pay for this bond to yield 10% compounded annually? A. $ 877.11 B. $ 955.23 C. $ 1,113.88 D. $ 1,134.20 E. None of the above
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