When a Callable Bond Sells at a Premium,the Likelihood of a Call

question 94

Multiple Choice

When a callable bond sells at a premium,the likelihood of a call is ________ and the yield to worst is the yield to ________.

• A)high,call
• B)low,call
• C)low,maturity
• D)high,maturity
• E)high,par

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Definitions:

Downstream Coworker

Employees or team members who are part of the later stages of a process or project, relying on the output or work done by those in earlier stages.

Proactive

Acting preemptively to address a forthcoming scenario rather than simply reacting to situations as they occur.

Customer-Centered

An approach that focuses on creating a positive experience for the customer by understanding and meeting their needs.

Progressive

Pertaining to policies or ideas that aim for social improvement by advocating for change and reform, often focusing on fairness, equality, and innovation.