Question
Question 33 Call provision gives the bond issuer the right to call a bond before its stated maturity date. A firm is more likely to
Question 33
Call provision gives the bond issuer the right to call a bond before its stated maturity date. A firm is more likely to call back its bond when
| Interest rate drops substantially. | ||
| Interest rate increases substantially. | ||
| Interest rate doesnt change for long time | ||
| The firm needs additional funds for investment opportunities. |
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The Handbook Of European Fixed Income Securities
Authors: Frank J. Fabozzi, Moorad Choudhry
1st Edition
0471430390, 978-0471430391
