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    Fixed Income Analysis
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    Exam 1: Fixed-Income Securities: Defining Elements
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    Which Type of Call Bond Option Offers the Greatest Flexibility
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Which Type of Call Bond Option Offers the Greatest Flexibility

Question 24

Question 24

Multiple Choice

Which type of call bond option offers the greatest flexibility as to when the issuer can exercise the option?


A) a bermuda call
B) a european call
C) an american call

Correct Answer:

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