Q27)You bought a25.0-year, 4.27% semi-annual coupon bond today and the current market rate of return is3.57%.The bond
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Q27)You bought a25.0-year, 4.27% semi-annual coupon bond today and the current market rate of return is3.57%.The bond is callable in 7.0 years with a $100.00 call premium.What price did you pay for your bond?
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