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83.Texas Foods has a 6 percent bond issue outstanding thatpays $30 in interest every March and September. Thebonds are investment grade and sell at par. The bondsare callable at a price equal to the present value of allfuture interest and principal payments discounted at arate equal to the comparable Treasury rate plus 0.50percent. Which of the following correctly describe thefeatures of this bond?I. bond rating of BII. "make whole" call priceIII. $1,000 face value IV. offer price of $1,000 D
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