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Assume that a 10-year semi-annual, 9% bond is callable after 5 years at 105% of par value and the discount rate in today's market is

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Assume that a 10-year semi-annual, 9% bond is callable after 5 years at 105% of par value and the discount rate in today's market is 5%. Using the price-to-worst method, what is the value of this bond? O $1,000 $1,149 $1,214 O $1,223 O $1,010

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