Solved

The Call Provision in Canada Securities

Question 26

Multiple Choice

The call provision in Canada securities
I.is used with Canada Bills.
II.is used with Canada Bonds.
III.gives the issuer the right to repurchase the security at par.
IV gives the issuer the right to repurchase the security at a premium over par.


A) II and III are correct.
B) II and IV are correct.
C) I,II and III are correct.
D) I,II and IV are correct.
E) Only II is correct.

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