that is correct
but it is not callable till 12/31/22. Thats 9.5 yrs
amortize that premium over 9.5yrs and you get 1.07% per yr.
WNA.PR pays 7.25% per year.
7.25 - 1.07 = 6.18% per year for 9.5 yrs on the WELLS FARGO name??
I will take that all day long my friend.