Question: A $1,000 face value bond is currently callable at a quoted price of 101. What is the amount of the call premium? $1.00 $.0101 $10.00

A $1,000 face value bond is currently callable at a quoted price of 101. What is the amount of the call premium?

$1.00

$.0101

$10.00

$1.01

$10.10

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