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Harwood Enterprises, a large retailer of pet supplies, is about to call its9.5% semiannual 20-year callable bonds. The next coupon date is in 85days. The

Harwood Enterprises, a large retailer of pet supplies, is about to call its9.5% semiannual 20-year callable bonds. The next coupon date is in 85days. The current market price is $1,115. The call price is $1,050. What isthe amount that investors holding the callable bonds will receive?

A). $1,115.
B). $1,050.
C). $1,075.
D). $1,140.

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