A company issues a 20-year, callable bond at par with a(n) 9% annual coupon payments. The bond can be called at par in three years or any time after that on a coupon payment date. The call price is $110 per $100 of face value. What is the yield to call?
A) 7%
B) 15%
C) 9%
D) 12%
Answer: D
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Which of the following statements is true about the economic person?
A. The primary values of this person are social influence and the exercise of authority. B. This person wants education to be practical and regards unapplied knowledge as wasteful. C. The altruistic or philanthropic aspect of love is the interest of this person. D. In relationships with people, this person is unlikely to be interested in surpassing others in wealth.
In the formula y = a + bX, y represents
a. fixed costs. b. total cost. c. variable costs. d. mixed costs.
Which statement regarding introductions is incorrect?
a. In China, the surname comes first, and the given name last. b. All persons with a college degree are addressed as "Doctor" in Japan. c. Persons from Latin American countries often add their mother's maiden name to their surname. d. In Columbia, the title "Don" is added to a person's name to show respect.
The plaintiff can always choose the system in which to file a case regardless of subject matter jurisdiction
Indicate whether the statement is true or false