Treasury Callable Bonds Usually Carry a Schedule of Call Premium

question 71

Multiple Choice

Treasury callable bonds usually carry a schedule of call premium reductions, until about ________ to ________ years before maturity, when the call premium is eliminated entirely.

• A) 2; 5
• B) 2; 10
• C) 1; 5
• D) 5; 10
• E) 1; 10

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