4. What is NOT TRUE about a call provision for the issuers? a. Inclusion of a call feature allows issuers to replace an old bond issue with a lower-interest cost issue if interest rates in the market increase. b. Because the issuer may call the bonds earlier, the investor is exposed to additional credit risk. c. A bond with call provisions mean that the issuer has the right to pay off a loan at any time, in whole or in part, prior to the stated maturity date. d. A & B only e. None of the Above

a

b

c

d

e