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Which of the following is true about the callable bonds? (may be more than 1 answer) A. A callable bond with a coupon of 2%
Which of the following is true about the callable bonds? (may be more than 1 answer)
A. A callable bond with a coupon of 2% is likely to be called when yields are 2%
B. Callable bonds are called when interest rates go up.
C. Callable bonds allow the issuer to refinance at lower rates.
D. If you think interest rates are going down, you should buy a callable bond.
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