Look at Table:
a. Suppose the debenture was issued on September 1, 1992, at 99.489%. How much would you have to pay to buy one bond delivered on September 15? Don€™t forget to include accrued interest.
b. When is the first interest payment on the bond, and what is the amount of the payment?
c. On what date do the bonds finally mature, and what is the principal amount of the bonds that is due to be repaid on that date?
d. Suppose that the market price of the bonds rises to 102 and thereafter does not change. When should the company call theissue?

TABLE Trustee Rights on default The trustee or 25% of debenture holders may declare the principal due and payable Registered Fully registered Denomination $1,000 Amount issued $250 million ssue date Ast 26, 1992 Offered Bank of America National Trust and Savings Association Issued at a price of 99.489% plus accrued interest (proceeds to company 98.614%) Interest Seniority Security through First Boston Corporation At a rate of 8.25% per annum, payable February 15 and August 15 Ranks Not secured. Company will not permit to have any lien on its property or assets without pari passu with other unsecured unsubordinated debt Maturity Sinking fund equally and ratably securing the debt securities August 15, 2022 Annually from August 15, 2003, sufficient to redeem $12.5 million principal amount, plus an optional sinking fund of up to $25 million At whole or in part on or after August 15, 2002, at the option of the Company with at Callable least 30 days, but not more than 60 days notice to each August 14 as follows: 2003 2006 2009 2012 and thereafter at 100% plus accrued interest Also callable for the mandatory and optional sinking funds on August 15, 2003, and 103.870% 102.709 101.548 100.387 2004 2007 2010 103.485 102.322 101.161 2005 2008 2011 103.000 101.955 100.774 thereafter Moody's rating B