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Title: Which of the following statements is FALSE regarding a call provision? Post by: liljay on Jul 7, 2019 Which of the following statements is FALSE regarding a call provision?
▸ A call feature allows the issuer of the bond the right (but not the obligation) to retire all outstanding bonds on (or after) a specific date (the call date), for the call price. ▸ The call price is generally set at or below, and expressed as a percentage of, the bond's face value. ▸ A call provision allows the issuer to repurchase the bonds at a predetermined price. ▸ The issuer can repurchase a fraction of the outstanding bonds in the market or it can make a tender offer for the entire issue. Title: Which of the following statements is FALSE regarding a call provision? Post by: Kailz1218 on Jul 7, 2019 Content hidden
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