When a Callable Bond Sells at a Premium, the Likelihood

question 59

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)low, maturity
• B)high, call
• C)high, maturity
• D)low, call

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Definitions:

Depressor Anguli Oris

A facial muscle that is responsible for pulling the corners of the mouth downwards and laterally, contributing to expressions of sadness or frowning.

Hyoglossus

A muscle in the tongue that depresses and retracts the tongue, aiding in the processes of swallowing and speech.

Triangular Muscles

Muscles that have a triangular shape, often involved in a wide range of movements and located in various parts of the body, such as the deltoids.

Bipennate

A type of muscle fiber arrangement where fascicles are attached obliquely from either side of a central tendon, resembling a feather.