You own a bond that pays semiannual interest payments of $38. The bond is callable in 2

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You own a bond that pays semiannual interest payments of $38. The bond is callable in 2 years at a premium of $76.

What is the callable bond price if the yield to call is 7.9 percent?

Related Book For answer-question

Fundamentals of Investments Valuation and Management

ISBN: 978-0078115660

7th edition

Authors: Bradford Jordan, Thomas Miller

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Posted Date: Mar 16, 2023 03:10 AM

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You own a bond that pays semiannual interest payments of $38. The bond is callable in 2

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To calculate the callable bond price we need to discount the future cash flows from the bond includi... View the full answer

Fundamentals of Investments Valuation and Management

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