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You want to buy a corporate bond for your portfolio. The bond has a 1 0 year maturity, $ 1 , 0 0 0 par
You want to buy a corporate bond for your portfolio. The bond has a year maturity, $ par value and makes semiannual coupon payments. The annual coupon rate is It has been three years since it was issued. Market interest rates have since dropped to
What is the price the bond would currently be trading at
Four years after issue the bonds are now trading at What is the yield to maturity for the bonds?
The bond is callable after six years at Would the bond be called? You must show all work.
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