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Q5) You bought a 4-year, 04.10% semi-annual coupon bond today and the current market rate of return is 04.30%. The bond is callable in 7
Q5) You bought a 4-year, 04.10% semi-annual coupon bond today and the current market rate of return is 04.30%. The bond is callable in 7 years with a $88 call premium. What price did you pay for your bond? (2 points)
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