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Assume that a 10-year semi-annual, 9% bond is callable after 5 years at 101% of par value and the discount rate in today's market is

Assume that a 10-year semi-annual, 9% bond is callable after 5 years at 101% 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?

$1,000

$1,149

$1,183

$1,223

$1,010

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