A 1,000 face value bond can be redeemed early at the issuer's discretion for $1030 plus any accrued interest. The additional 30 is called which one of the following?

A 1,000 face value bond can be redeemed early at the issuer's discretion for $1030 plus any accrued interest. The additional 30 is called which one of the following?



Answer: Call premium


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