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If a bond has a make - whole call provision, the: bondholder will receive the face value amount minus any interest paid to date if
If a bond has a makewhole call provision, the:
bondholder will receive the face value amount minus any interest paid to date if the bond is called.
bondholder will receive the face value amount plus interest if the bond is called.
bond's market price will always equal its face value.
call price will increase as interest rates decrease.
call premium can be either positive or negative.
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