you bought 18 year, 9.4% semi annual coupon bond today and the current market rate of return is 8.6%. The bond is callab

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answerhappygod
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you bought 18 year, 9.4% semi annual coupon bond today and the current market rate of return is 8.6%. The bond is callab

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you bought 18 year, 9.4% semi annual coupon bond today and the current market rate of return is 8.6%. The bond is callable in four years with a $87 car premium. What price did you pay for your bond?
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