A Deferred Call Provision Is Designed to

Multiple Choice

A deferred call provision is designed to

A) guarantee a bond will be repaid on a certain date prior to maturity.
B) prohibit the calling of a bond prior to a certain date.
C) ensure bond holders receive full value when a bond is called.
D) ensure any bankruptcy of the issuer is deferred until a bond is repaid in full.
E) ensure the owner of a bond agrees to the call before a bond is called.