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A. Summertime $1000 6.5% semi-annual bond matures on September 2, 2020. The bond has a call option (the bond can be called at 102.5 on

A. Summertime $1000 6.5% semi-annual bond matures on September 2, 2020. The bond has a call option (the bond can be called at 102.5 on March 2, 2010. Find the Value of this bond on September 2,2000 where the market rate/yield is 5.5%:

B: Value of the bond as called and redeemed at call value.

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