First, you have to do problem 4-9 using a financial calculator
First, you have to do the following problems using a financial calculator. Once you have done that, you use Excel to do the case and compare the results. Problem. A 10 year, 12 percent semiannual coupon bond with a par value of $1000 may be called in 4 years at a call price of $1060. The bond sells for $1,100 (assume the bond has just been issued) ................
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