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revAdmin (Created page with "You have decided to invest in a newly issued 20-year bond with annual coupons and the following characteristics: #The price at issue is 1321. #The face amount is 1111. #The annual coupon rate is 10%. #The bond is callable for 1111 immediately after the payment of either the 18 th or 19th coupon. Calculate the minimum possible annual effective yield rate that you can earn. <ul class="mw-excansopts"><li>7.881%</li><li>7.937%</li><li>7.985%</li><li>8.028%</li><li>8.065%<...")Nov 19'23 at 21:16+510