Which One of the Following Statements Related to Callable Bonds

question 51

Multiple Choice

Which one of the following statements related to callable bonds is correct?

• A)Callable bonds are issued at the call price.
• B)Callable bonds can be called at any time.
• C)Callable bonds are generally called at the market price at the time of the call.
• D)Callable bonds are more likely to be called if market interest rates decline.
• E)Callable bonds are generally priced higher than comparable noncallable bonds.

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