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Explain what a call provision enables bond issuers to do. Why would bond issuers exercise a call provision? Define a discount bond and a premium
Explain what a call provision enables bond issuers to do. Why would bond issuers exercise a call provision?
Define a discount bond and a premium bond. Provide examples of each.
Describe the relationship between interest rates and bond prices.
Describe the differences between a coupon bond and a zero coupon bond.
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