Question: Question 20 (3.5 points) Again, Inc, bonds have a par value of $1,000, a 20 year maturity, and an annual coupon rate of 13,0% with

Question 20 (3.5 points) Again, Inc, bonds have a par value of $1,000, a 20 year maturity, and an annual coupon rate of 13,0% with annual coupon payments. The bonds are currently selling for $898. The bonds may be called in 6 years for 113.0% of par. What quoted annual rate of return do you expect to earn if you buy the bonds and company calls them when possible? 14.59% 17.26% 18.97% 14.33% 11.74%

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