Question: QUESTIONS ABC Technologies issued bonds 4 years ago with a coupon of 8%. The bonds are set to mature in 2035 but can be called

QUESTIONS ABC Technologies issued bonds 4 years ago with a coupon of 8%. The bonds are set to mature in 2035 but can be called 1 year from today. If ABC were to issue bonds today for 2035 maturity their borrowing cost would be 4.254. Which of the following is true? a. ABC would not call the bond because the price is too high b. ABC would not call the bond because the interest rate now is too high OC. ABC would call the bond now as the price is lower d. ABC would call the bond as the interest rate now is lower

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