CSC chapter 6
Devika owns a 6% $10,000 callable corporate bond due on June 30, 2030. This bond is not redeemable before June 30,2025. After that date, it is redeemable according to the following payment schedule on 30 days\’ notice, up to the 12 months ending June 30 of each year:
1, 2026 at 105.21; 2, 2027 at 103.85; 3, 2028 at 100.85; 4, 2029 and there after at 100.00 ( at par to maturity )
Devika\’s bond is called on August 30,2027. How much will Devika be paid?
A, $10,485.00; B, $ 10,000.00; C, $13,850.00; D,$ 10,385.00
答案是D。 请问老师,从题目上看,Devika 是在2027 June 30以后赎回的,是否也都按照2027年103.85价格。另外这题要不要计算Accrued Interest。谢谢。