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Question 27 O pts Bonus question 2 (4 pts) What is callable bond? Suppose that Verizon issues 2 bonds with identical coupon rates and maturity

Question 27 O pts Bonus question 2 (4 pts) What is callable bond? Suppose that Verizon issues 2 bonds with identical coupon rates and maturity dates. One bond is callable, the other is not. Which bond will sell at a lower price? Explain. HTML Editore BIVA-A-I EX32X XEE T 11 12pt Paragraph

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