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in excel please Nine years ago, ABC Company sold a 30-year bond issue with a 12% semi-annual coupon rate and a 9% call premium. Today,
in excel please
Nine years ago, ABC Company sold a 30-year bond issue with a 12% semi-annual coupon rate and a 9% call premium. Today, Company called the bonds. The bonds originally were sold at their face value of $1,000. Compute the rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call priceStep by Step Solution
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