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K Five years ago, Spencer Industries issued 30-year bonds with a 7% coupon rate callable at par after five years. Inflation has subsided, and the
K Five years ago, Spencer Industries issued 30-year bonds with a 7% coupon rate callable at par after five years. Inflation has subsided, and the yield on bond's similar to Spencer's is now 5%. O A. Spencer is almost certain to call the bonds. OB. Spencer is not likely to call the bonds any time soon. OC. The price of the bonds will remain close to par because of their call value. OD. The yield to call on the Spencer's bonds is now 6%
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