Call premium of bond is 560 and call price of bond...

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Examveda

Call premium of bond is $560 and call price of bond is $340 then face value of bond is

A. $1.65

B. $220

C. $900

D. 1.65%

Answer: Option B

Face value of bond = Call premium of bond - Call price of bond
= $560 - $340 = $220.

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