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Suppose a 1 0 - year, 1 0 % , semiannual coupon bond with a par value of $ 1 , 0 0 0 is

Suppose a 10-year, 10%, semiannual coupon bond with a par value of $1,000 is currently selling for $1,135.90, producing a nominal yield to maturity of 8%. However, it can be called after 4 years for $1,050.

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