Question: Widget Inc has outstanding $ 1 0 0 , 0 0 0 , 0 0 0 of 7 % bonds. The bonds are callable at

Widget Inc has outstanding $100,000,000 of 7% bonds. The bonds are callable at 103, beginning 11?2025. The bonds are currently trading at 10412. The call premium of the bonds is?
112 points
3 points
512 points
412 points
Widget Inc has outstanding $ 1 0 0 , 0 0 0 , 0 0

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