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You are comparing two callable bonds that are exactly the same, however one of them has a higher call premium. This bond is more likely
You are comparing two callable bonds that are exactly the same, however one of them has a higher call premium. This bond is more likely
A. to have a higher value.
B. to be called early.
C. to have a lower yield-to-maturity.
D. to decrease in value when interest rates go down.
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