Blue Water Homes Has 8 Percent Bonds Outstanding That Mature

question 33

Multiple Choice

Blue Water Homes has 8 percent bonds outstanding that mature in 13 years.The bonds pay interest semiannually.These bonds have a par value of $1,000 and are callable in 2 years at a premium of $75.What is the yield to call if the current price is equal to 103.25 percent of par?

• A) 7.51 percent
• B) 7.70 percent
• C) 8.06 percent
• D) 8.98 percent
• E) 9.66 percent

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Definitions:

Social Interactions

Exchanges between two or more individuals, influencing each other's feelings, behaviors, and thoughts.

Strange Object

refers to an unfamiliar or unknown item that is encountered, often used in experiments to observe reactions or responses to novel stimuli.

Full-Fledge Attachment

A secure and stable emotional bond that has fully developed, typically between a child and caregiver, enabling healthy emotional development.

Phase of Attachment

A stage in the development of a child's emotional and interpersonal relationships, typically progressing from indiscriminate attachments to specific attachments and finally to reciprocal relationships.