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Q27) You bought a 28.0-year, 5.86% semi-annual coupon bond today and the current market rate of return is 4.96%. The bond is callable in 5.0
Q27) You bought a 28.0-year, 5.86% semi-annual coupon bond today and the current market rate of return is 4.96%. The bond is callable in 5.0 years with a $69.00 call premium. What price did you pay for your bond? (2.0 points) |
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