Last year Carson Industries issued a 10-year, 14% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 6 years at a price of $1,060 and it sells for $1,300.
I have answered the question below using excel and have attached the image below.
Please up vote for the same and thanks!!!
Do reach out in the comments for any queries
Get Answers For Free
Most questions answered within 1 hours.