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Business, 25.12.2021 08:40 dpierc16

a company has a 10% bond that has a face value of $1000 and matures in 10 years. assume that coupon payments are made semi-annually. the bonds can be called after 5 years at a premium of 8% over face value. what is the value of the bond if rates drop immediately to 7%?

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a company has a 10% bond that has a face value of $1000 and matures in 10 years. assume that coupon...
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