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This is full question Consider the following bond: Coupon rate = 11%. (semiannual payment) Maturity = 18 years Par value = $1,000 First par Only

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Consider the following bond: Coupon rate = 11%. (semiannual payment) Maturity = 18 years Par value = $1,000 First par Only put date in five years and putable at par value Assuming that the yield to first par call for this bond is 8%, what the market price is call in 13 years 2.(20%)Consider the following bond: Coupon rate = 11%. (semiannual payment) Maturity = 18 years Par value = $1,000 First par call in 13 years Only put date in five years and putable at par value Assuming that the yield to first par call for this bond is 8%, what the market price is

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