currently has two bond issues outstanding. Bond A has a $1,000 par value and a coupon
rate of 10 percent, paid semiannually. This bond was issued 10 years ago, it has 10 years remaining to maturity, and it has 2 years of call protection left, after which it can be called at
104 percent of par. This issue is actively traded and highly liquid, and its most recent closing
price was $1,092.