Sun Corporation Wants to Retire a $50 Million Bond Issue

question 19

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

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