Issuers of Bonds Are Most Likely to Call Them in When

Multiple Choice

Issuers of bonds are most likely to call them in when

A) the prevailing rate of interest exceeds that stipulated on the bonds.
B) when investor confidence goes down.
C) the prevailing rate of interest is less than that stipulated on the bonds.
D) when investor confidence goes up.
E) when the government revises its capital gains tax law.