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Question 9 All else equal, an issuer of callable bonds is more likely to exercise a call option after (A) a reduction in the company's

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Question 9 All else equal, an issuer of callable bonds is more likely to exercise a call option after (A) a reduction in the company's stock price B an increase in the company's stock price an increase in interest rates a decrease in interest rates (E a downgrade of the bond's rating

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