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W 2. A call provision gives bond issuers the right to demand, or call for, the repayment of a bond. Typically, calls are exercised if

W 2. A call provision gives bond issuers the right to demand, or "call for," the repayment of a bond. Typically, calls are exercised if interest rates increase. When rates increase, the bond issuer can get issue the new debt at a lower rate. O True O False

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