A $6$ percent corporate coupon bond is callable in $10$ years for a call premium of one year of coupon payments. Assuming a par value of $$1,000,$ what is the price paid to the bondholder if the issuer calls the bond?

Multiple Choice

$$60$

$$1,060$

$$600$

$$1,000$

A $6$ percent corporate coupon bond is callable in $10$ years for a call premium of one year of coupon payments. Assuming a par value of $$1,000,$ what is the price paid to the bondholder if the issuer calls the bond?

Multiple Choice

$$60$

$$1,060$

$$600$

$$1,000$

A $6$ percent corporate coupon bond is callable in $10$ years for a call premium of one year of coupon payments. Assuming a par value of $$1,000,$ what is the price paid to the bondholder if the issuer calls the bond?

Multiple Choice

$$60$

$$1,060$

$$600$

$$1,000$

A $6$ percent corporate coupon bond is callable in $10$ years for a call premium of one year of coupon payments. Assuming a par value of $$1,000,$ what is the price paid to the bondholder if the issuer calls the bond?

Multiple Choice

$$60$

$$1,060$

$$600$

$$1,000$

A $6$ percent corporate coupon bond is callable in $10$ years for a call premium of one year of coupon payments. Assuming a par value of $$1,000,$ what is the price paid to the bondholder if the issuer calls the bond?

Multiple Choice

$$60$

$$1,060$

$$600$

$$1,000$