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2. Explain the impact of a call feature on the attractiveness of a bond for investors. In your answer, make sure that you refer to

2. Explain the impact of a call feature on the attractiveness of a bond for investors. In your answer, make sure that you refer to at least the following:

2.1. why so many bonds are callable (2)

2.2. disadvantages of a callable bond to the investor (2)

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