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Having a call provision on a bond should lead to: The three direct answers are all incorrect. O An economic restriction on the amount that
Having a call provision on a bond should lead to: The three direct answers are all incorrect. O An economic restriction on the amount that the bond price will increase in the event that interest rates decline. The three direct answers are all correct. Bondholders essentially owning a stock warrant in addition to the debt. The bond trading at a lower yield than an otherwise identical non-callable bond
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