A $1,000, 8.5% Semi-Annual Bond Matures on March 4, 2016. The Bond has a call...
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A $1,000, 8.5% Semi-Annual Bond Matures on March 4, 2016. The Bond has a call option, meaning the bond can be called on March 4, 2010 at 102.5. What is the Value of the Bond on March 4, 2006, when the market rate is 8%: ROUND TO THE NEAREST PENNY, NO DOLLAR SIGNS, USE COMMAS WHERE NEEDED If the Bond is Held to MATURITY and redeemed at PAR? If the Bond is CALLED and redeemed at the CALL RATE
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