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You own a callable bond with 6 years left to maturity.It has a face value of $1000.It pays semiannually, has a 6.3% yield and a

You own a callable bond with 6 years left to maturity.It has a face value of $1000.It pays semiannually, has a 6.3% yield and a 5.7% coupon rate.The call premium is $20.Calculate how much the bond issuer will make if these bonds were called in.

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