What Is a Call Provision

question 61

Multiple Choice

What is a call provision?

• A) the periodic repurchasing of issued bonds through a sinking fund by the issuer
• B) an option to the issuer to repurchase the bonds at a predetermined price
• C) the option for the bondholder to convert each bond owned into a fixed number of shares of common stock
• D) a clause in a bond contract that restricts the actions of the issuer that might harm the interests of the bondholders

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Definitions:

Forced Labor

Work that individuals are compelled to do against their will under threat of punishment or some form of penalty.

Discrimination

Unfair treatment of individuals or groups based on characteristics such as race, gender, age, or religion, which can manifest in hiring, promotion, job assignment, and termination practices.

Headquartered Companies

Firms that have their main offices located in a specific geographical area, serving as the central point of operation and management.

Quotas

Predetermined limits on the amount of goods or services that can be produced, exported, or imported.