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Value a 30 year, $1,000 bond with a coupon rate of 10% that is callable after 10 years at a 103% of par. Assume market
Value a 30 year, $1,000 bond with a coupon rate of 10% that is callable after 10 years at a 103% of par. Assume market yields are 8% and semi-annual coupon payments.
Group of answer choices
$1,226.23
$1,149.59
$1,506.92
$752.67
$1,815.42
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