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Inl Question 4 (1 point) Saved It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes

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Inl Question 4 (1 point) Saved It is 11/6/2020 and You own the following APPLE INC. bond: Coupon Rate 3.00% Maturity Date 11/6/2023 Callable Yes Par Value $1000 Market Price $1025 Call Price $1090 Issue Date 11/6/2019 Call Date 11/6/2021 One possible reason why the market price is $1025 could be: Apple may have had a credit ratings increase The higher call price is affecting the trading price of the bonds Apple may be having financial difficulties The rates for comparable bonds has gone up

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