The face value of the bond is $685 and the call price of bond is $378 then the value of call premium is

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Academy of PakistanTest & Learning

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372FinanceMedium

A1063

B307

C3063

D2063

Correct answer

B. 307

Explanation

307 is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

The face value of the bond is $685 and the call price of bond is $378 then the value of call premium is - Answer and Explanation | Academy of Pakistan