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Cailin Corp issues 10,000 callable bonds with same coupon rate and years to maturity in part A, where coupon rate is 8%, maturity is 10

Cailin Corp issues 10,000 callable bonds with same coupon rate and years to maturity

in part A, where coupon rate is 8%, maturity is 10 years, and the yield is 5%. The grace

period for the call is 5 years and the call price of this bond is $1,000. What would be the

current price of this callable bond? How much funds Caitlin raised by issuing these bonds

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