The next 4 problems must be kept together; all use the data in Exhibit 20.1.
Exhibit 20.1

-Refer to Exhibit 20.1.What is the minimum price (or "floor" price) at which the Saunders' bonds should sell?
A) $698.15
B) $734.89
C) $773.57
D) $814.29
E) $857.14
Correct Answer:
Verified
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