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Business, 24.12.2019 19:31 thegoat3180

Acompany has an 8% bond that has a face value of $1,000 and matures in 30 years. assume that coupon payments are made semi-annually. the bonds are callable after 15 years at 108% of par value. what is the value of the bond if rates drop immediately to 6%? a. $1,277b. $2,192c. $1,452d. $1,229e. $602

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Acompany has an 8% bond that has a face value of $1,000 and matures in 30 years. assume that coupon...
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