Question: which ones are correct and which ones are incorrect? Use the following three statements to answer this question: Callable bonds give the bondholder an option

 which ones are correct and which ones are incorrect? Use the
which ones are correct and which ones are incorrect?

Use the following three statements to answer this question: Callable bonds give the bondholder an option to sell the bond to the bond issuer at a predetermined price. Bonds are usually less risky for investors than equities because among others coupon payments are the firm's legal liabilities and dividend payments are not III. All debentures are secured bonds

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