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A 5 - year maturity, zero - coupon bond with par value of $ 1 , 0 0 0 is callable at the beginning of
A year maturity, zerocoupon bond with par value of $ is callable at the beginning of each year at a call price of $ The market interest rate is annually. Assuming that the bond was issued at the beginning of year when or in which year would the issuer redeem the bond?
A year maturity, zerocoupon bond with par value of $ is callable at the beginning of each year at a call price of $ The market interest rate is annually. Assuming that the bond was issued at the beginning of year when or in which year would the issuer redeem the bond?
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