Question: If a bond has a call feature, what does that mean about the bond? It has a fixed rate. It is secured by collateral. The

 If a bond has a call feature, what does that mean

If a bond has a call feature, what does that mean about the bond? It has a fixed rate. It is secured by collateral. The issuer can choose to buy it back from the bondholder. The bondholder can choose to sell it back to the issuer

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