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DM Inc. ' s outstanding, callable bonds were issued seven years ago, with a coupon rate of 5 % , original maturity of 2 5
DM Inc.s outstanding, callable bonds were issued seven years ago, with a coupon rate of original maturity of years, par value of $ gall price of $ and years of call protection. The bonds are currently selling for $ Interest rates are expected to remain stable in the next few years. Calculate the return that an investor purchasing the bond today should expect to earn.ABCD
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