Question: Travis recently purchased a callable bond. However, that bond cannot be currently redeemed by the issuer. Thus, the bond must currently be: Group of answer
Travis recently purchased a callable bond. However, that bond cannot be currently redeemed by the issuer. Thus, the bond must currently be:
Group of answer choices
a "fallen angel."
subject to a sinking fund provision.
call protected.
a debenture.
unrated.
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