Value of option issued to call debt is $940 and return rate on callable bond is $480 then return rate on non-callable bond is

Value of option issued to call debt is $940 and return rate on callabl

1.	Value of option issued to call debt is $940 and return rate on callable bond is $480 then return rate on non-callable bond is
A.	$460
B.	$1,520
C.	$1,420
D.	$1,620
Answer» B. $1,520