Question
33. A call provision in a bond agreement grants the issuer the right to: A. call the bondholder to determine if he or she would
33. A call provision in a bond agreement grants the issuer the right to:
A. call the bondholder to determine if he or she would like to extend the term of the bond agreement. | |||||||||||||||||
B. change the coupon rate provided the bondholders are notified in advance. | |||||||||||||||||
C. replace the bonds with equity securities. | |||||||||||||||||
D. repurchase the bonds prior to maturity at a pre-specified price. | |||||||||||||||||
E. buy back the bonds on the open market prior to maturity.
Part 2 A note is:
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