You bought a 18-year semi-annual coupon today and the


You bought a 18-year semi-annual coupon today and the current market rate of return is 7.8%. The bond is callable in 6 years with a $1099 call premium. What price did you pay for your bond? show answer to nearest cent.

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Finance Basics: You bought a 18-year semi-annual coupon today and the
Reference No:- TGS02508708

Now Priced at $10 (50% Discount)

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