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A 15-year, $1000 face value bond with a 10% semiannual coupo

Paper help Economics A 15-year, $1000 face value bond with a 10% semiannual coupo

Economics

A 15-year, $1000 face value bond with a 10% semiannual coupo

A 15-year, $1000 face value bond with a 10% semiannual coupon has a nominal yield to maturity of 7.5… Show more A 15-year, $1000 face value bond with a 10% semiannual coupon has a nominal yield to maturity of 7.5%. The bond, which may be called after five years, has a nominal yield to call of 5.4%. What is the bond’s call price? • Show less

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