Question $37(2$ points$)$

$$ Soved

Lhaten

Which of the following bonds is most likely to be called?

An $8\%$ coupon bond, selling for $$915$

A $30-$year bond with an annual coupon of $7\%$ quoted at $98\mathrm{.}5.$

A $30-$year zero$-$coupon bond yielding $2\mathrm{.}43\%$ when prevalling rates are $2\mathrm{.}56\%.$

A $15-$year bond with a $6\%$ coupon rate selling for $$1\mathrm{.}092.$