Firm A wishes to issue a perpetual callable bond. The one-year interest rate is 7%. The bond makes annual coupon payments. There is 45% probability that long-term interest rates one year from today will be 9.25%, and a 55% probability that they will be 6%. The call premium is equal to the annual coupon. 1. What is the correct coupon amount if the bond is priced to sell at 800? K. Based Q1, what is the value of the call provision to the company? Firm A wishes to issue a perpetual callable bond. The one-year interest rate is 7%. The bond makes annual coupon payments. There is 45% probability that long-term interest rates one year from today will be 9.25%, and a 55% probability that they will be 6%. The call premium is equal to the annual coupon. 1. What is the correct coupon amount if the bond is priced to sell at 800? K. Based Q1, what is the value of the call provision to the company