At one point, some Treasury bonds were callable. Consider the prices on the following three Treasury issues as of May 15, 2016:

7.45		May	20	n		126.56250		126.62500		?	.62500		5.47
9.20		May	20			123.68750		123.75000		?	.12500		5.43
12.95		May	20			153.84375		154.03125		?	.68750		5.51

The bond in the middle is callable in February 2017. What is the implied value of the call feature? Assume a par value of $1,000. (Hint: Is there a way to combine the two noncallable issues to create an issue that has the same coupon as the callable bond?) (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Call value $