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A firm's bonds have a maturity of 10 years with a $1,000 facevalue, have an 8% semiannual coupon, are callable in 5 years at$1,049.22, and
A firm's bonds have a maturity of 10 years with a $1,000 facevalue, have an 8% semiannual coupon, are callable in 5 years at$1,049.22, and currently sell at a price of $1,096.55. What aretheir nomi 2 answers
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