Question: The equation is: C 2 = C 1 X + C 3 (1 X) I'm just struggling to enter the correct values and get further

The equation is: C2 = C1X + C3(1 X) I'm just struggling The equation is: C₂ = C₁X + C₃(1 X)

I'm just struggling to enter the correct values and get further than that.

At one point, some Treasury bonds were callable. Consider the prices on the following three Treasury issues as of May 15, 2016: 7.25 May 20 n 9.00 May 20 12.75 May 20 118.43750 115.56250 149.71875 118.50000 115.62500 149.90625 -.50000 -. 25000 -.56250 5.43 5.39 5.47 The bond in the middle is callable in February 2017. What is the implied value of the call feature? Assume a par value of $1,000. (Hint: Is there a way to combine the two noncallable issues to create an issue that has the same coupon as the callable bond?) (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Call value $

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