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Business, 15.07.2021 22:10 sushiboy668

A $1,000 bond matures in 15 years and carries a 5 percent coupon. The bond is callable in 5 years at a premium equal to one year's interest payments. What is the correct formula for computing the current price given a market rate of 4.7 percent

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A $1,000 bond matures in 15 years and carries a 5 percent coupon. The bond is callable in 5 years at...
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