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Sun Corporation Wants to Retire a $50 Million Bond Issue

Question 79

Multiple Choice

Sun Corporation wants to retire a $50 million bond issue before the maturity date.What is the typical call premium per bond that Sun Corporation must pay for the bonds to be called back?


A) $100
B) $10 - $50
C) $20 - $75
D) $50 - $100
E) $1 - $10

Correct Answer:

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