Question: A callable bond is one that: will typically be categorized as a junk bond. can be comverted into shares of the issuer's stock. can be

A "callable" bond is one that:
will typically be categorized as a "junk" bond.
can be comverted into shares of the issuer's stock.
can be repurchased by the issuer, prior to maturity.
has "warrants" attached to it.
has a high degree of default risk.
A "callable" bond is one that: will typically be

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