Question: A bond's call provision is likely to be exercised when... Select one: O a interest rates in the market have risen over the coupon rate
A bond's call provision is likely to be exercised when... Select one: O a interest rates in the market have risen over the coupon rate on the bond O b. the price of the bond is less than par Od the sinking fund has accumulated enough money to retire the bond issue O d. Interest rates in the market are sufficiently lower than the coupon rate on the bond O e. Any of the above circumstances might trigger a call provision
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