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You own a bond with a coupon rate of 6 percent and a yield to call of 6.90 percent. The bond currently sells for $1,070.

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You own a bond with a coupon rate of 6 percent and a yield to call of 6.90 percent. The bond currently sells for $1,070. If the bond is callable in five years, what is the call premium of the bond? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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