The call premium is $456 and the face value of the bond is $234 then the call price of bonds is
Correct answer: D. 690
- A. 1.95
- B. 0.0195
- C. 222
- D. 690
Explanation
A bond's call price equals its face value plus the call premium: $234 + $456 = $690. The smaller figures are distractors based on subtraction or division rather than the required addition.
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