Question: Which statement is true as it relates to callable bonds? A.The bond investor has the right to exchange the bonds for stock. B. The issuing

Which statement istrueas it relates to callable bonds?

A.The bond investor has the right to exchange the bonds for stock.

B. The issuing company can pay off the bonds before maturity.

C.The bond investor can request that the bonds be repaid prior to the maturity date.

D.The bonds are considered 'junior' to the claims of secured creditors

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