Which of the following is a circumstance in which a callable bond would be called in When interest rates increase When the call price is greater than the bond price When the call premium is greater than the bond price When the call premium is less than the bond price None of the above

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Which of the following is a circumstance in which a callable bond would be called in? When interest rates increase. When the call price is

Which of the following is a circumstance in which a callable bond would be called in?

		When interest rates increase.
		When the call price is greater than the bond price.
		When the call premium is greater than the bond price.
		When the call premium is less than the bond price.
		None of the above.

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