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Typically, a callable bond's call price does not change throughout the life of the bond. Under what condition would this not be the case? Group
Typically, a callable bond's call price does not change throughout the life of the bond. Under what condition would this not be the case?
Group of answer choices
The bond has a "make-whole" call provision
The callable bond is also putable
None of these
Interest rates decline past a specific threshold
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