A deferred call provision is defined as

Question $6$ options:

$1)$

a requirement that a bond issuer pay the current market price, plus accrued interest, should the firm decide to call a bond.

$2)$

a prohibition placed on an issuer that prevents the issuer from ever redeeming bonds prior to maturity.

$3)$

the ability of a bond issuer to delay repaying a bond until after the maturity date, should the issuer so opt.

$4)$

a prohibition that prevents bond issuers from redeeming callable bonds prior to a specified date.