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core: 0 of 1 pt 9 of 11 (2 complete) HW Score: 0%, 0 of 11 -6-16 (similar to) Question Help Callable bond. Corso Books

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core: 0 of 1 pt 9 of 11 (2 complete) HW Score: 0%, 0 of 11 -6-16 (similar to) Question Help Callable bond. Corso Books has just sold a calable bond. It is a thirty-year monthly bond with an annual coupon rate of 7% and $1,000 par value. The issuer, however, can call the bond starting at the end of 5 years. If the yield to call on this bond is 6% and the call requires Corso Books to pay one year of additional interest the call (12 coupon payments), what is the bond price i prioed with the assumption that the call will be on the first available call dato? What is the bond price i priced with the assumption that the call will be on the first available call date? $(Round to the nearest cent.)

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