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Harwood enterprises a large retailer of pet supplies, is about to call its 9 . 5 % semiannual 2 0 - Year callable bonds. The

Harwood enterprises a large retailer of pet supplies, is about to call its 9.5% semiannual 20-Year
callable bonds. The next coupon date is in 85 days. The current market price is $1,115. The Call
price is $1,050. Assuming a 30360 day count convention for accrued interest, what is the
amount that investors holding the callable bonds will receive?
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