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A firm's bonds have a maturity of 35 years with a $1,000 face value, have a 7% annual coupon rate (semi-annual payments), are callable in

A firm's bonds have a maturity of 35 years with a $1,000 face value, have a 7% annual coupon rate (semi-annual payments), are callable in 3 years at $1,070, and currently sell at a price of $1,080. a)...

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