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Bonds sell for $1,150, they have a 6.75% annual coupond and 15 year maturity and callable in 6 years at $1,067.50. What rate should the investor expect if he or she purchases the bonds to rTC or TM? Question 2: Which type of real option alows a firm to shut down a project if its cash flows are lower than expected? Abandonment option Timing option Expansion option Flexibility option