A customer purchased a callable XYZ Corporation 5% debenture to yield 4.5%. The price paid for the bond would most likely be:

A customer purchased a callable XYZ Corporation 5% debenture to yield 4.5%. The price paid for the bond would most likely be:


A) 97½.

B) 100½.

C) 99½.

D) 95.



Answer: B) 100½.


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