Question: It is now January 1 , 2 0 2 3 , and Kendall Ulbricht is considering the purchase of an outstanding bond that was issued

It is now January 1,2023, and Kendall Ulbricht is considering the purchase of an outstanding bond that was issued on January 1,2020. The bond has a 10-year original maturity and a 5.5 percent annual coupon (paid annually). The bond has call protection for 5 years (until January 1,2025), after which the bond can be called for 102.70 percent of par. Interest rates have decreased since the bond was issued, so the bond is now selling at $1066. Which of the following statements is most CORRECT?
It is now January 1,2023, and Kendall Ulbricht is considering the

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