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Your company issues 2 0 - year bonds that make one coupon payment per year. The bonds have a face value of $ 1 ,
Your company issues year bonds that make one coupon payment per year. The bonds have a face value of $ and a coupon rate of The bonds also have a call feature allowing your firm to call in the bonds years after the date of issue, at of par. Assume that the yield to maturity is at the date of issue.
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