The put provision of a putable bond: A. Limits the risk to the issuer. B. Limits the

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The put provision of a putable bond:

A. Limits the risk to the issuer.

B. Limits the risk to the bondholder.

C. Does not materially affect the risk of either the issuer or the bondholder.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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