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Q5) You bought a 22-year, 04.60% semi-annual coupon bond today and the current market rate of return is 04.10%. The bond is callable in 5
Q5) You bought a 22-year, 04.60% semi-annual coupon bond today and the current market rate of return is 04.10%. The bond is callable in 5 years with a $84 call premium. What price did you pay for your bond? (2 points)
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