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Business, 18.07.2020 22:01 lizbeth232001

You are in the 3rd year of a 10-year corporate bond has a 6% coupon, a call premium of $60, and a first call date in year 4. Market interest rates are 5.75% and are expected to drop dramatically for an extended period. If you plan to hold the bond, which yield should you most consider before buying the bond

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