A Bond Which Has a Deferred Call

question 94

Multiple Choice

A bond which has a deferred call

• A)does not have to be redeemed when it reaches maturity.
• B)can be retired at any time prior to maturity provided six months notice is given.
• C)cannot be retired for a specific period of time after which it can be retired at any time.
• D)can be retired at any time during the initial call period but after that time can not be redeemed prior to maturity.

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