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A $1,000 par value bond paying a 6% semi-annual coupon with 25 years to maturity is priced at $1,115. This bond is callable in 10
A $1,000 par value bond paying a 6% semi-annual coupon with 25 years to maturity is priced at $1,115. This bond is callable in 10 years at a price of $1,060.
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Production And Operations Analysis
Authors: Steven Nahmias, Tava Lennon Olsen
7th Edition
1478623063, 9781478623069
