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An investor would like to invest in a ten-year maturity, callable bond with a two-year call deferment that has an initial 4.45% call premium rate.

An investor would like to invest in a ten-year maturity, callable bond with a two-year call deferment that has an initial 4.45% call premium rate. What is the call premium at the maturity date of this bond?

$4.45

$0.00

$4.00

$1,000

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