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please answer and provide details! thank you! Use the bond term's below to answer the question Maturity 8 years Coupon Rate 6% Face value $1,000

please answer and provide details! thank you!
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Use the bond term's below to answer the question Maturity 8 years Coupon Rate 6% Face value $1,000 Annual Coupons The bond is callable in year 4 The call price is $1,040 The interest rate in period 4 is 5% If the firm calls back the bond, how much does the firm save or lose? 0-$4.77 0-$4.12 O -$4.32 -$4.97 -54.54

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