Question 1 Which of the following statements is NOT correct? Cal Provision gives the issuing corporations the right to call the bonds for redemption. It generally occurs when interest rate declines substantially Cal provision is valuable to the firm but potentially hurt investors Bond is a long-term contract under which a borrower agrees to make payments of interest and principal to the holders of the bond on specific datos Yield to maturity is the stated interest rate on a bond. It is multiplied by par value to get dollars of interest payments every year