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Question 7 -7. (2 credits) You own a bond that pays semiannual interest payments of $55. The bond is callable in 2 years at a

Question 7

-7. (2 credits) You own a bond that pays semiannual interest payments of $55. The bond is callable in 2 years at a premium of $100. What is the callable bond price if the yield to call is 12.2%

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