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A 30-year, 8% semiannual coupon, $1,000 par value bond is selling for $1313.95 with an 5% yield to maturity. It can be called after 5
A 30-year, 8% semiannual coupon, $1,000 par value bond is selling for $1313.95 with an 5% yield to maturity. It can be called after 5 years at $1,250. What return would you earn when its called? (please write down financial calculator registrars and your final answer clearly)
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