Rate of return on non-callable bonds is $680 and value of issuer option is $450 then return on callable bond is
A. $230
B. 1.52%
C. $1.52
D. $1,130
Answer: Option D
Solution(By Examveda Team)
Return on callable bond = Rate of return on non-callable bonds + Value of issuer option= $680 + $450 = $1,130.
Join The Discussion