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Consider a 30-year U.S. corporate bond paying 6 percent coupon. The bond has 20 years left to maturity and is currently priced at $975. The
Consider a 30-year U.S. corporate bond paying 6 percent coupon. The bond has 20 years left to maturity and is currently priced at $975. The bond is callable in 9 years at a 8 percent call premium. Wha...
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