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explanation with the correct response is needed Call Premium A 4.75 percent corporate coupon bond is callable in ten years for a call premium of

explanation with the correct response is needed
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Call Premium A 4.75 percent corporate coupon bond is callable in ten years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond? $47.50 $1,047.50 $1,000.00 $475.00

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