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A company has issued $100 million in 20-year bonds. They are required to call 4% each year. The issuer has the option to: Call in

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A company has issued $100 million in 20-year bonds. They are required to call 4% each year. The issuer has the option to: Call in $4 million of issued bonds using a lottery system and bond numbers Buy required number of bonds on the open market Both A and B Neither A or B

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