Other things held equal, a bond with a call provision is worth more to investors than a bond
without a call provision.
Indicate whether the statement is true or false
Question 2
You have saved 1,200 for a used motorcycle that has a current price of 1,500.
If your money is sitting in an account earning 2.50 per year, how long will it take for this account to grow to 1,500? Note: The motorcycle's price may have changed by the time your account reaches a value of 1,500.
A) 9.04 months
B) 9.04 years
C) 4.25 years
D) 4.25 months