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You have the following information about a corporate bond: Current price = $ 1,050 Semi-annual interest payments are $30 Face value = $1,000 Yield to
You have the following information about a corporate bond: Current price = $ 1,050 Semi-annual interest payments are $30 Face value = $1,000 Yield to call = 4.2 %, no call penalty. Rounding to the nearest year, this bond is callable in how many years?
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