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Bond types and characteristic Several years ago you purchased a callable corporate bond at its $ 1 , 0 0 0 par value. The bond's
Bond types and characteristic Several years ago you purchased a callable corporate bond at its $ par value. The bond's call price is $ Since you purchased the bond, interest rates have fallen a little, and the bond's market price is $ If the bond is called from you today, what is the call premium?
If the bond is called from you today, the call premium is $Round to the nearest dollar.
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