Question: Using the Colby bonds in the preceding question, what is the present value of the bonds if they are called in 5 years at 110%

Using the Colby bonds in the preceding question, what is the present value of the bonds if they are “called” in 5 years at 110% of par value?

A. $1,056
B. $1,072
C. $1,149
D. $1,128

please double check work previous question : Colby bonds pay annual interest of $140. They mature in 10 years and have a par value of $1,000. The required rate of interest is 12%.

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