Question: Callable bonds generally: Multiple Choice are called when market interest rates increase. are callable at par as soon as the call - protection period ends.

Callable bonds generally:
Multiple Choice
are called when market interest rates increase.
are callable at par as soon as the call-protection period ends.
are called within the first three years after issuance.
grant the bondholder the option to call the bond any time after the deferment period.
have a sinking fund provision.

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