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When a Bondholder Is Granted the Right to Force the Issuer

Question 251

Multiple Choice

When a bondholder is granted the right to force the issuer to repay the bond prior to maturity, the bond:


A) Is an income bond.
B) Is a convertible bond.
C) Contains a call provision.
D) Contains a put provision.
E) Contains a zero-out provision.

Correct Answer:

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