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QUESTION 4 New Issue January 1, 2022 $450,000,000 AWESOME ACCOUNTING STUDENTS 9.15% Debentures Due October 1, 2032 Price 98.75% Copies of the prospectus and the

QUESTION 4

New Issue January 1, 2022

$450,000,000 AWESOME ACCOUNTING STUDENTS

9.15% Debentures Due October 1, 2032 Price 98.75%

Copies of the prospectus and the related prospectus supplement may be obtained from such of the undersigned as may legally offer these securities under applicable securities laws.

Carrington & Sweeney Inc.

Strawser, Strawser, & England Inc

Lynch & Mudge, Inc.

Quarles & Ameen Inc.

Required:

In practice, what do you think is a more common pricing of bonds (discount or premium)? Explain, why?

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