On May 26th, 2013 Calloway Real Estate Investment Trust ("Calloway") announced that

it would redeem its $75 million 7.95% Series D senior unsecured debentures due June

30, 2014 (the "Series D Debentures"). The redemption date was set for June 26, 2013.

The bonds were issued on June 30th, 2009 and pay interest semi-annually on June 30th

and December 30th of each year.

From the prospectus: At its option, Calloway may redeem the Debentures at a

redemption price equal to the greater of (i) the Canada Yield Price and (ii) par, together

in each case with accrued and unpaid interest to the date fixed for redemption.

"

Canada Yield Price

" means a price equal to the price of the Debentures calculated to

provide a yield to maturity, compounded semi-annually, equal to the Government of

Canada Yield plus 1.33%.

Assume the Government of Canada Yield was 1.059%.

Using the above information, calculate the make whole redemption price per $1,000

(one bond). Please add in any other payments (accrued interest or coupon) separately.

What was the dollar amount of the premium paid for each bond?