The Most Common Condition That Must Be Met for a Bond

Multiple Choice

The most common condition that must be met for a bond to be called is

A) the repayment of all principal and interest.
B) the passage of time.
C) a change in the market rate of interest from that which was agreed to at the bond issue date.
D) the sale of the asset which was financed by the bond.
E) a sale of the bond by the original purchaser.