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QUESTION 35 A callable bond pays an annual coupon of $60, has a par value of $1,000, matures in 20 years but is callable in

QUESTION 35 A callable bond pays an annual coupon of $60, has a par value of $1,000, matures in 20 years but is callable in 10 years at a price of $1,100, and has a value today of $1055.84. The yield ...

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