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Question 21 Ross recently purchased a callable bond. However, that bond cannot be currently redeemed by the issuer. Thus, the bond must currently be: Group

Question 21

Ross recently purchased a callable bond. However, that bond cannot be currently redeemed by the issuer. Thus, the bond must currently be:

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Subject to a sinking fund provision

Unrated

Call protected

A Fallen angel

A debenture

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