Which One of the Following Increases the Probability That a Bond

question 75

Multiple Choice

Which one of the following increases the probability that a bond will be called?

• A)The call premium is relatively high.
• B)The bond is within the call protection period.
• C)The bond was issued within the past year.
• D)Market interest rates decline.
• E)The bond is selling at par.

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Definitions:

Control

The power to influence or direct people's behavior or the course of events.

Disenfranchised

Refers to individuals or groups who are deprived of the right to vote or other rights normally available to members of a society.

Poll Taxes

Fees levied as a precondition for voting, historically used in the United States to disenfranchise African American and poor white voters.

Explicitly Reserve

To clearly and specifically set something aside for a particular purpose or person, often used in legal or formal contexts.