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Question 18 2 pts 15 years ago a company issued some bonds at par ($1000). These bonds had five years of call protection at the

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Question 18 2 pts 15 years ago a company issued some bonds at par ($1000). These bonds had five years of call protection at the time they were issued, and they have a 7% (APR) call premium. The coupon rate of these bonds is 8% (APR) with annual coupons. Under which of the following circumstances would the company be most likely to call the bonds? if today's yields have fallen to the 5% (APR) level if today's yields have risen to the 11% (APR) level if today's yields have stayed at the 8% (APR) level if today the bonds have reached their maturity date Question 19 3 pts A bond pays a 10% (APR) semiannual coupon. The bond has a face value of $1,000 and 7 years left until maturity. The yield on similar bonds is currently 11% (APR). How much is this bond worth, today? $952.05 $952.87 $1,065.53 $1,097.37 $1.098.99

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