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Question
A bond has a face value of $1,000 and a call price of $1,030. The bond is callable in 3.5 years and pays a 5 percent, semi-annual coupon. What is the current price if the yield to call is 6 percent?A. $912.36
B. $927.19
C. $966.25
D. $993.24
E. $1,009.01
Answer
This answer is hidden. It contains 2 characters.
Related questions
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