Top Posters
Since Sunday
6
l
6
n
5
N
5
m
5
s
4
4
4
r
4
m
4
4
s
4
New Topic  
liljay liljay
wrote...
Posts: 341
Rep: 0 0
3 months ago
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.
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
Read 80 times
1 Reply
Replies
Answer verified by a subject expert
Kailz1218Kailz1218
wrote...
Posts: 344
Rep: 8 0
3 months ago
Sign in or Sign up in seconds to unlock everything for free.
The call price is generally set at or below, and expressed as a percentage of, the bond's face value.
1

Related Topics

wrote...
Posts: 341
Credits: 40

3 months ago
This calls for a celebration Person Raising Both Hands in Celebration
yen
wrote...
Posts: 14
Credits: 40

Yesterday
Brilliant
wrote...
Posts: 161
Credits: 125

Yesterday
Smart ... Thanks!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  84 People Browsing
 165 Signed Up Today
Your Opinion
Who's your favorite biologist?
Votes: 48

Related Images
 3512
 751
 2930