What is the rationale for including a call provision in the indenture of a bond issue? How

Question:

What is the rationale for including a call provision in the indenture of a bond issue? How do bond investors typically respond to the inclusion of a call provision?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

Question Posted: