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rev | Admin | (Created page with "A ten-year 100 face amount bond has an annual coupon rate of 8% payable semiannually. The bond is callable at the end of the 5th , 7th , and 9th years at par, immediately after the coupon payment. Calculate the maximum price of the bond that ensures an annual effective yield of at least 6%. <ul class="mw-excansopts"><li>108.92</li><li>111.83</li><li>114.41</li><li>115.59</li><li>116.74</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 21:11 | +426 |