Callable Bonds Generally

question 68

Multiple Choice

Callable bonds generally:

• A)allow the bondholder to decide when the bond is to be called.
• B)are associated with sinking funds.
• C)permit the issuer to repurchase the bonds at a discount.
• D)are called within the first couple of years after issuance.
• E)are required to have a deferred call provision if they have a "make-whole" call provision.

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Definitions:

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