Question

The rate of return on non-callable bonds is $680 and value of issuer option is $450 then the return on callable bond is

a.

230

b.

0.0152

c.

1.52

d.

1130

Answer: (d).1130

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Q. The rate of return on non-callable bonds is $680 and value of issuer option is $450 then the return on callable bond is

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