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The company has an outstanding callable bond. The face value is USD 1,000 the annual coupons are 6%, the maturity is in three years and

The company has an outstanding callable bond. The face value is USD 1,000 the annual coupons are 6%, the maturity is in three years and the current yield is 4.5%. The company can call the bond now at the price of USD 1,030. Shall it execute the call option? Please show your calculations.

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