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Question 5 10 pts There is a demand for callable bonds because a callable bond would sell at a price than a non-callable bond with

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Question 5 10 pts There is a demand for callable bonds because a callable bond would sell at a price than a non-callable bond with the same coupons and face value. If the callable bond is NOT called over its life, the owner of the callable bond would earn a ____ yield to maturity. O higher; higher o higher; lower O lower; higher O lower; lower

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