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At one point, cotain US. Theasury bonds were calable. Consider the prices in tha following three treasury issues as of May 15,202t. 05/1/202005/15202005/75/20206.958.009.45109.00000109.5312514.59375109.00250109.593751147812531250=.09375468753.7304.5404.750 The bsod

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At one point, cotain US. Theasury bonds were calable. Consider the prices in tha following three treasury issues as of May 15,202t. 05/1/202005/15202005/75/20206.958.009.45109.00000109.5312514.59375109.00250109.593751147812531250=.09375468753.7304.5404.750 The bsod in the middle is callable in February 2022 . Whet is the imslied value of the cat feature? Assume a par value of $1,000. [Hint is there a witg to combine the two noncallable issues to create an issue that has the same coupon as the callable bonch? (Do not round intermediate calculetions and round your answer to 2 decimal places. e9+32.161

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