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ABC Aviation Corporation, a subsidiary of XYZ AviationCorporation, sold some securities to the public on June 15, 2017.The securities were bought and sold on the New York Stock Exchange.The terms of the deal are as follows:Promise to repay the owner of one of these securities $100,000on June 15, 2047The securities DO NOT pay interestABC has the right to buy back the securities on the anniversarydate at a price established at the time of saleInvestors paid ABC $24,500 for each of these securitiesWhy would ABC be willing to accept such a small amount today($24,500) in exchange for a promise to repay approximately 4 timesthat amount in the future?What impact does the buyback feature have on the desirabilityof the investment?Would you be willing to pay $24,500 in exchange for $100,000 in30 years? What would be your key consideration inanswering yes or no?If the U.S. Treasury had offered basically identical security,do you think it would have a higher or lower price? Why?If you looked at the New York Stock Exchange price of the stockTODAY, do you think the price would exceed the $24,500 originalprice? Why?If you looked in the year 2025, do you think the price would behigher or lower than today's price? Why?