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A 6.5% corporate coupon bond is callable in 13 years with a call premium of 1 year of coupon payments and is currently offered for
"A 6.5% corporate coupon bond is callable in 13 years with a call premium of 1 year of coupon payments and is currently offered for sale at $952.90; Assuming a par value of $1,000 and semi-annual compounding, what is the price paid to the bondholder if the issuer calls the bond?"
"$1,017.90 " | ||
$952.90 | ||
"$1,910.00 " | ||
"$1,862.90 " | ||
"$1,065.00 " | ||
"$1,039.00 " | ||
$935.00 |
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