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A callable bond that has a face value of $1,000 and pays a semiannual coupon of 10%. The bond is currently priced at $1,175 and

A callable bond that has a face value of $1,000 and pays a semiannual coupon of 10%. The bond is currently priced at $1,175 and has the option to be called at $1,100 five years from now. What is ...

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