A "Make-Whole" Call Provision on a Bond Provides for

Multiple Choice

A "make-whole" call provision on a bond provides for

A) call prices that vary with the funds available in a sinking fund.
B) a call price equal to the bond's approximate market value at the time of call.
C) decreasing call prices as interest rates decrease.
D) a call price equal to the face value plus all accrued interest to date.
E) a call price equal to the face value.