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Seven years apo the Templeton Company issved 27 - vear bonds with a 124 s annial coupon rate at their $1,000 par value. The bonds

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Seven years apo the Templeton Company issved 27 - vear bonds with a 124 s annial coupon rate at their $1,000 par value. The bonds had a 7% call premium, with 5 vears of call Found your answer to two decimal places. Why ahould or should cot the invetter be happy that Templeton caled them

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