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A callable bond A.Can be repurchased by the issuer at their discretion B.Can be sold back to the issuer at the owners discretion C.Will be

A callable bond

A.Can be repurchased by the issuer at their discretion

B.Can be sold back to the issuer at the owners discretion

C.Will be more expensive than a similar non callable bond

D.Protects shareholders from bondholders when the firm in in financial distress

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