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Assume that the YTM from problem 18 is 3.5% and that it is callable under...

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Accounting

Assume that the YTM from problem 18 is 3.5% and that it is callable under the conditions described in problem 21 above, what would the market price be (enter as a decimal with two decimal places - XXXX.XX) **Problem 18: The current market price of a 7 year corporate bond with a 5% coupon if market interest rates are 6% would be: (enter answer as a decimal with two decimal places - XXXX.XX **Problem 21: If the bond described in problem 18 above were callable in 4 years at a premium of $1,050 (based on the information in problem 18) this bond is likely to be called.

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