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Bond Yields and Rates of Return A 15-year, 14% semiannual coupon bond with a par value of $1,000 may be called in 4 years at

Bond Yields and Rates of Return A 15-year, 14% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a call price of $1,075. The bond sells for $1,050. (Assume that the bond ha...

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