Question: Please write whether the statements below are correct and explain them briefly The issuers of callable bonds aim to reduce their risk because of interest
Please write whether the statements below are correct and explain them briefly
- The issuers of callable bonds aim to reduce their risk because of interest rate fluctuations
- Holder of a callable bond can ask for its exercise at any time.
- The purchase price of a callable bond should be higher than a identical conventional no-call bond
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