Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
betterway betterway
wrote...
Posts: 1450
Rep: 0 0
7 years ago
A call feature in a bond allows the issuer the opportunity to repurchase bonds at a stated price prior to maturity, and this option has a greater chance of being exercised (to the benefit of the bondholder) if market interest rates have fallen since the bond was issued.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
Read 91 times
1 Reply
Replies
Answer verified by a subject expert
UlainUlain
wrote...
Top Poster
Posts: 1013
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

betterway Author
wrote...

7 years ago
You make an excellent tutor!
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  857 People Browsing
 108 Signed Up Today
Related Images
  
 189
  
 1144
  
 111
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 308

Previous poll results: How often do you eat-out per week?