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3. Five years ago Brookfield Industries issued 30 year bonds with a 4% coupon rate callable at par after 5 years. Inflation has increased and

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3. Five years ago Brookfield Industries issued 30 year bonds with a 4% coupon rate callable at par after 5 years. Inflation has increased and the yield on bonds similar to Brookfield's is now 6\%. Given these facts, A) Brookfield is almost certain to call the bonds. B) the yield to call on the Brookfield bonds is now 6%. C) Brookfield is not likely to call the bonds any time soon. D) the price of the bonds will remain close to par because of their call value

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