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Problem 7-6 Call Premium (LG7-1) A 57 percent corporate coupon bond is calable in 10 years for a cal premium of one year of coupon

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Problem 7-6 Call Premium (LG7-1) A 57 percent corporate coupon bond is calable in 10 years for a cal premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondho der if the issuer calls the bond? Amount paid

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