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You bought a 16-year, 06.20% semi-annual coupon bond today and the current market rate of return is 05.50%. The bond is callable in 3 years

You bought a 16-year, 06.20% semi-annual coupon bond today and the current market rate of return is 05.50%. The bond is callable in 3 years with a $60 call premium. What price did you pay for your bond?

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