Question: Question 6 What is a callable bond's key feature? The issuer can repay the bond before maturity at a predetermined price: The bonotholder can demand
Question
What is a callable bond's key feature?
The issuer can repay the bond before maturity at a predetermined price:
The bonotholder can demand repayment of the bond before matuity at odetirnined price
The bondholder can demand an increase in coupon rate if the compary doemelt meet specified franclat objectivers.
The issuer can stop paying the coupon without penalty if the company performance is poor.
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