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Question 13 10 Points On 01st Jan 2017, ABC Company issued A 5-year bond with a principal of $100 000, annual coupons of 5% p.a.,
Question 13 10 Points On 01st Jan 2017, ABC Company issued A 5-year bond with a principal of $100 000, annual coupons of 5% p.a., and a call provision on 01 Jan 2020 at the price of $96.38. Given that the yield is 8% p.a. on 01st Jan 2020, would the ABC Company exercise the call provision to buy back the bond at $96.38? Explain why. Use the editor to format your
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