Business, 17.07.2020 19:01, Legoman29305

You bought a 18-year, 7.2% semi-annual coupon bond today and the current market rate of return is 7.8%. The bond is callable in 6 years with a $1,099 call premium. What price did you pay for your bond

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You bought a 18-year, 7.2% semi-annual coupon bond today and the current market rate of return is 7....