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You are purchasing a 20-year, zero-coupon bond. The yield to maturity in 9.68 percent and the face value is $1,000. What is the current market

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You are purchasing a 20-year, zero-coupon bond. The yield to maturity in 9.68 percent and the face value is $1,000. What is the current market price a b c $150.98 $182.80 $388.56 $24.83 $157.56 d e Question 2 (4 points) A call provision allows firms to do which one of the following? Reduce bond coupon rates O Convert bonds into equity securities c Pay bond interest payments. d Retire the entire bond issue at their discretion Retire a portion of the bond periodically

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