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Which of the following statements is correct? Select one: a. A callable bond is essentially a straight bond with a call option granted to the
Which of the following statements is correct? Select one: a. A callable bond is essentially a straight bond with a call option granted to the issuer. b. Equity in a leveraged firm is effectively a put option on the firm's assets. c. A warrant is similar to insurance. d. A loan guaranty is similar to a call option. e. A green shoe provision is effectively a put option granted to the underwriter.
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