Question: Adding a call provision, under normal conditions, would be most likely to Question 25 options: a) add restrictive covenants that limit management's actions. b) increase

Adding a call provision, under normal conditions, would be most likely to

Question 25 options:

a) add restrictive covenants that limit management's actions.
b) increase the coupon rate required for a bond to be issued at par.
c) cause the rating agencies change the bond's rating from Baa to Aaa.
d) make the bond a first mortgage bond rather than a debenture.

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