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You bought a 25.0 -year, 8.43% semi-annual coupon bond today and the current market rate of return is 6.98%. The bond is callable in 6.0
You bought a 25.0 -year, 8.43% semi-annual coupon bond today and the current market rate of return is 6.98%. The bond is callable in 6.0 years with a $97.00 call premium. What price did you pay for your bond
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Analysis Of Financial Data
Authors: Gary Koop
1st Edition
0470013214, 978-0470013212
