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You have been hired to value a new 30-year callable, convertible bond, with a $1,000 par value. The bond has a coupon rate of 5.9

You have been hired to value a new 30-year callable, convertible bond, with a $1,000 par value. The bond has a coupon rate of 5.9 percent, payable annually. The conversion price is $101, and the stock...

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