A 6 percent corporate bond is callable in 10 years for a


A 6 percent corporate bond is callable in 10 years for a call premum of one year of coupon payments. Assuming a par value of 1,000, what is the total price paid to the bondholder if the issuer calls the bond? A. 60 B. 600 C. 1000 D. 1,060

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Financial Management: A 6 percent corporate bond is callable in 10 years for a
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