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Which of the following statements is (are) TRUE for corporate debt instruments? I: Make whole call provisions provide better protection for investors than traditional call
Which of the following statements is (are) TRUE for corporate debt instruments?
- I: Make whole call provisions provide better protection for investors than traditional call provisions.
- II: Both High yield corporate bonds and leveraged bank loans have fixed interest rates.
- A.
I only
- B.
II only
- C.
I & II
- D.
None
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