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Consider the following bond: Coupon rate = 11% Maturity = 18 years Par value = $1,000 Par call in 13 years (i.e. no call premium)
Consider the following bond: Coupon rate = 11% Maturity = 18 years Par value = $1,000 Par call in 13 years (i.e. no call premium) Only put date in five years and puttable at par value Su...
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