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Seven years ago the Templeton Company med 21-verbands with a 11 con rate at their $1,000 per value. The bonds had a 7.5 cal premium
Seven years ago the Templeton Company med 21-verbands with a 11 con rate at their $1,000 per value. The bonds had a 7.5 cal premium with years of cal protection. Today Templeton caled the bonds. Compute the realized rate of return for an investor who purchased the bonds when they were and held them until they were caled. Round your answer to two decine Why should or should not the investor be happy that Templeton Caled them? 1.vestors should be happy. Since the bonds have been editors will receive a car and can declare another II. os shown behar since the bonds have been woongered to content III Inverters should not be consave been call, wherettem volen wintly what the VIC is then the wors with reverstrect, they also interest IV. Investors who had been wrestes have such that is the YTH. I wish to rent there, they cannot be rates
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