Fluday, July $25,2025,11$:$35PMM$

$3$ mins $47$ secs

$30\mathrm{.}00$ out of $30\mathrm{.}00(100\%)$

A deferred call provision:

a$.$ allows the bond issuer to delay repaying a bond until after the maturity date should the issuer so opt.

b$.$ prohibits the bond issuer from redeeming callable bonds prior to a specified date.

c$.$ requires the bond issuer to pay the current market price, minus any accrued interest, should the bond be called

d$.$ requires the bond issuer to pay a call premium equal to or greater than one year's coupon should the bond be

e$.$ prohibits the issuer from ever redeeming bonds prior to maturity.