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Mastery Exams Questions With Verified Answers.
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Mastery Exams Questions With Verified Answers. A 7% general obligation bond is issued with 20 years to maturity. A customer buys the bond on a 7.50% basis. The bond contract allows the issuer to call the bonds in 5 years at 102 1/2, with the call premium declining by 1/2 point a year thereafter...
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