Question: A callable bond is a bond that _ _ _ _ _ . a . can be repurchased by the issuer before the maturity date
A callable bond is a bond that
a
can be repurchased by the issuer before the maturity date
b
can be repurchased by the issuer only on the maturity date
c
the issuer delays its payment to bondholders until after the maturity
d
is usually repurchased by the issuer when market interest rate increases
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