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A corporate coupon bond of 7.8 percent is callable in five years for a call premium of one year of coupon payments. Assuming a par
A corporate coupon bond of 7.8 percent is callable in five years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
