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The Call Feature Is Usually Advantageous to the Bondholder

question 70

True/False

The call feature is usually advantageous to the bondholder.
The call feature allows the issuer greater control over when to prepay and retire bonds. The ability to control holding the bond for longer periods up to maturity is removed from the bondholders, placing them at a disadvantage.


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Strict Liability

Legal responsibility for damages or harm caused by actions or products, regardless of fault or intention.

Self-Defense

The act of defending oneself, one's property, or another person from physical harm using reasonable force.

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A legal term referring to the intentional and offensive touching of another person without their consent.

Assault

An act that creates an apprehension in another of an imminent, harmful, or offensive contact.

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