Sell at a premium ($1,150). They have a 6.35 percent annual coupon rate and 20 years until maturity, but they can be called in five years at a price of $1,067.5. Assume that the yield curve is flat. What rate of return should an investor expect to earn if he or she purchases Wanberg's bonds?

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec