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Analysts estimate that a bond has an equal probability of being priced at either $ 9 4 0 or $ 1 , 0 5 0
Analysts estimate that a bond has an equal probability of being priced at either $ or $ one year from today. The bond is also callable at any time at $ What is the expected value of this bond in one year?
Analysts estimate that a bond has an equal probability of being priced at either $ or $ one year from today. The bond is also callable at any time at $ What is the expected value of this bond in one year?
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