Which of the following traits is not attributable to callable bonds? Multiple Choice The call price is
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Question:
Which of the following traits is not attributable to callable bonds?
Multiple Choice
The call price is generally somewhat lower than the face value of the bonds.
Callable Bonds typically will be less risky than junk bonds.
The bond issuer will pay the bondholder a specified call price if the bonds are called prior to maturity date.
The bondholder has no advantage over the bond issuer in deciding if the bond will be called.
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