Question: need help with this question please Question 20 (3.5 points) Again, Inc. bonds have a par value of $1,000, a 25 year maturity, and an

need help with this question please need help with this question please Question 20 (3.5 points) Again, Inc.

Question 20 (3.5 points) Again, Inc. bonds have a par value of $1,000, a 25 year maturity, and an annual coupon rate of 8.0% with annual coupon payments. The bonds are currently selling for $868. The bonds may be called in 6 years for 108.0% of par. What quoted annual rate of return do you expect to earn if you buy the bonds and company calls them when possible? 9.39% 12.21% 13.42% 10.13% 8.30%

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