Consider the prices of the following three Treasury issues as of February 24, 2012: The bond in
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The bond in the middle is callable in February 2013. What is the implied value of the call feature?
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6.500 May 16 106.31250 106.37500 5.28 8.250 May 16 103.43750 103.5000 5.24 12.000 May 16 134.78125 134.96875 15 5.32
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Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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