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14. Based on the bond price, we could say that it was issued at . Then, what could you say about the interest rate at
14. Based on the bond price, we could say that it was issued at . Then, what could you say about the interest rate at the time of issuance compared to the coupon rate? Explain. Corporate Bond Information Issuer ABC Energy ABC Energy TransPower Telco Utilities Face Value Coupon Rate Rating $1,000 6% AAA $1,000 0% AAA $1,000 10% AA $1,000 12% AA Quoted Price Years Until Sinking Fun Call Period $809.10 20 Yes 3 Years $211.64 20 Yes NA $1,025.00 20 Yes 5 Years $1,300.00 30 No 5 Years
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