Your friend, Jamie lynn, is considering an investment in a corporate bond, or a callable corporate bond. she

has asked you to explain each and how they differ. Assume: Par=$1,000, Coupon Rate=5%, Market

Rate=6%, Remaining Term=9yrs, Remaining Term to Call=4yrs, typical call premium applies

Provide a write up comparing and contrasting the different bond types

Use common models found in the text to help him understand how to evaluate potential

returns from each

Under the assumption that Jamie is very risk averse, make a recommendation, with support