The bond is callable in 7 years with a 52 call premium what


You bought a 23-year, 03.50% semi-annual coupon bond today and the current market rate of return is 02.80%. The bond is callable in 7 years with a $52 call premium. What price did you pay for your bond?

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Financial Management: The bond is callable in 7 years with a 52 call premium what
Reference No:- TGS02390116

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