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A 30-year bond with a 11 percent semiannual coupon and a $1,000 face value has a nominal yield to maturity of 9.2 percent. The bond
A 30-year bond with a 11 percent semiannual coupon and a $1,000 face value has a nominal yield to maturity of 9.2 percent. The bond currently sells for $1,182.48. The bond, which may be called after 7 years, has a nominal yield to call of 8.65% percent. What is the bonds call price?
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