21. a. What is meant by a call provision in a bond? b. Why does a call...

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21.

a. What is meant by a “call provision” in a bond?

b. Why does a call provision in a bond increase reinvestment risk?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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