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Lowell Inc. has bonds which mature in 1 0 years, and have a face value of $ 1 , 0 0 0 . The bonds
Lowell Inc. has bonds which mature in years, and have a face value of $ The bonds have a percent semiannual coupon ie the nominal coupon rate is percent The bonds may be called in two years. The bonds have a nominal yield to maturity of percent and a yield to call of percent. What is the call price FV on the bonds
Hint: First calculate price and then use that to get FV call price
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