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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:

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(A)$112.282

(B) $112.523

(C) $113.928

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