Question: Question Help O Calable bond Conso Books just sold a calatiebond. It is thirty year quarterly bond with annual cowoon rate of 12% and $1.000
Question Help O Calable bond Conso Books just sold a calatiebond. It is thirty year quarterly bond with annual cowoon rate of 12% and $1.000 per value. The issuer, however, can call the bond storing of the end of 10 years. If thered to cart bond is 7% and the cal requires Corso Booksto pay one year of additional interest at the call (4 coupon payment, what is the band price if priced with the sumption that the call will be on the Best valable caldate? What is the bond pricepriced with the sumption that the call we be on the first available caldaie (Round to the nearestent)
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