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The following information of a callable bond which pays interestsemi-annually is given: The coupon rate is 4.00% and the number ofyears to maturity is 12.

The following information of a callable bond which pays interestsemi-annually is given: The coupon rate is 4.00% and the number ofyears to maturity is 12. The bond is callable at 120% of par valuei 2 answers

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