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A 10 nc (non-callable) 5 bond was issued seven years ago. It was rated B- at the time of issuance and its rating has not
A 10 nc (non-callable) 5 bond was issued seven years ago. It was rated B- at the time of issuance and its rating has not changed since issuance. Which is more likely, that the call price is now par or that the call price is 107?
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