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Finance 788 Ozarks Managed Care Inc. issued some callable bonds. 17 years ago with 30-year life at their pour value of 1,000. These bonds day

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Finance 788 Ozarks Managed Care Inc. issued some callable bonds. 17 years ago with 30-year life at their pour value of 1,000. These bonds day 11% coupon rate with lannual payment. The firm iust announced that these bonds are being called with $70 premium. A non callable bond with the same features (time till maturity, coupon rate par value) would be worth - at 8.5% required rate of rate

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