Question: A make-whole call provision on a bond provides for Multiple Choice a call price equal to the face value. decreasing call prices as interest rates
A "make-whole" call provision on a bond provides for
Multiple Choice
a call price equal to the face value.
decreasing call prices as interest rates decrease.
a call price equal to the face value plus all accrued interest to date.
a call price equal to the bond's approximate market value at the time of call.
call prices that vary with the funds available in a sinking fund.
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