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    Exam 5: Interest Rates and Bond Valuation
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    A $1,000 Face Value Bond Is Currently Callable at a Quoted
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A $1,000 Face Value Bond Is Currently Callable at a Quoted

Question 19

Question 19

Multiple Choice

A $1,000 face value bond is currently callable at a quoted price of 101.What is the amount of the call premium?


A) $1.00
B) $.0101
C) $10.00
D) $1.01
E) $10.10

Correct Answer:

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