QUESTION 35 Bonds are least likely to be called if O a. they are selling at a substantial premium. O b. they are selling at a substantial discount. O c. the price is close to par value. O d. if they do not mature for at least 5 years. QUESTION 36 The Franklin Company issued a 6% bond three years ago at par value. The market interest rate on comparable bonds today is 5%. The Franklin Company bond currently pays a year in interest and the bond sells at a O a. 560; discount 6.560 premium $50; discount 8.550 premium