When ABC Company originally issued its callable 5.45%,9-year bond, it was rated AA and priced to sell at par. The bond is callable at the price that offers an equivalent yield to a Canada bond plus 0.14%. At that time, the credit spread over 9 -year Canada bonds was 0.34%. The bond pays interest annually. a. What was the call price at issue? (Round your answer to the nearest cent.) Now, 5 years later, the bond rating agencies have raised the bond rating to AAA and the bond's yield to maturity is 4.95%. Equivalent-maturity Canada bonds are yielding 4.85%. b. What is the current call price? (Round your answer to the nearest cent.) c. Would ABC Company consider calling the bond now? Now the current price is | | than the call price. The company consider calling the bonds. Diamond Corporation is planning a bond issue with an escalating coupon rate. The annual coupon rate will be 4.4% for the first 3 years, 5.4% for the subsequent 4 years, and 6.4% for the final 2 years. If bonds of this risk are yielding 5.4%, estimate the bond's current price. Face value of the bond is $1,000. (Round your answer to the nearest cent.)