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Assume that a 14-year semi-annual, 9% bond is callable after 10 years at 105% of...

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Assume that a 14-year semi-annual, 9% bond is callable after 10 years at 105% of par value and the discount rate in today's market is 7%. Using the price-to-worst method, what is the value of this bond? $1,209 0 $1,251 O $1,167 $1,000 $1,281

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