Which of the Following Statements Is FALSE

question 22

Multiple Choice

Which of the following statements is FALSE?

• A)Before the call date,investors anticipate the optimal strategy that the issuer will follow,and the bond price reflects this strategy.
• B)The yield to maturity of a callable bond is calculated as if the bond were called at the earliest opportunity.
• C)A callable bond will trade at a lower price (and therefore a higher yield)than an otherwise equivalent non-callable bond.
• D)The price of a callable bond can be low when yields are high,but does not rise above the call value when the yield is low.

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Definitions:

Growth Need Strength

Reflects an individual's desire for personal achievement, self-improvement, and professional development.

Autonomy

The degree to which a job provides an employee with independence and discretion to schedule their work and determine how it is done.

Reducing Boredom

Strategies or actions taken to minimize monotony and disinterest in both personal and professional activities, aiming to increase engagement and satisfaction.

Repetitive Strain Injuries

Physical ailments caused by repeated motion or overuse, affecting muscles, nerves, and tendons, common in workplace environments.