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Question 12 (1 point) LightSpeed has a bond outstanding with a 8.5% coupon paid semi-annually, and a final maturity of 30 years. The bond is

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Question 12 (1 point) LightSpeed has a bond outstanding with a 8.5% coupon paid semi-annually, and a final maturity of 30 years. The bond is callable five years at a price of 103% of par. If the yield to worst, or yield to call is 3.0%, what is the price of the bond? 1) $1,514.20 2) $2,095.24 3) $1,279.46 4) $1,128.95

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