g Mullet Technologies is considering whether or not to refund a $175 , 125 , 30 year bond that was sold 5 years ago. It is no bonds over the issue's 30-year WeMullet's investment banks have indicated that the company could sell a new 25 years at an interest rate of Mullet's management anticipate that werest rates will fall below any time soon, but there is a chance that rates will increase 3 m on of flotation on the 12 in today's market. Neither they A call premium of 1296 would be required to retire the old bonds, and notation costs on the new issue would amount to s million, Muller's marginal federal plus state tax rate is con. The now bonds would be su 1 month to the bonds we cred, with the proceeds bevested in short-term government securit y during the tempered a. Conduct a complete band refunding analyses What is the band refunding's NPV? Do not round watermediate calculation Round your answer to the nearest cent b. What factors would influence Mutter's decision to refund now rather than later