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02-11-2022
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on may 1, 2019, joe hill is considering one of the following newly issued 10-year aaa corporate bonds. description coupon price callable call price wildwood, due may 1, 2027 5.0% $100 noncallable na asbury, due may 1, 2027 5.4% $100 currently callable $102 suppose market interest rates decline by 100 basis points (i.e., 1%). the effect of this decline would be

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