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pepsi companys bonds currently sell for $2,000. they pay a $250 annual coupon, have a 10-yr maturity, and a par value of 1,700, but they
pepsi companys bonds currently sell for $2,000. they pay a $250 annual coupon, have a 10-yr maturity, and a par value of 1,700, but they can be called in 5 years at $2,100. which rate would investors expect to earn?
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