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The value of a 12% annual coupon bond, assuming the bond is putable at $105 at the end of year 1, is closest to: (A)$112.282
The value of a 12% annual coupon bond, assuming the bond is putable at $105 at the end of year 1, is closest to:
(A)$112.282
(B) $112.523
(C) $113.928
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