Question: A bond has a make-whole call provision. Given this, you know that the Multiple Choice 21 O bond will always sell at par call price
A bond has a make-whole call provision. Given this, you know that the Multiple Choice 21 O bond will always sell at par call price is inversely related to the market rate of interest O call premium must equal the annual coupon payment. call price is directly related to the market rate of interest bond must be a zero coupon bond
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