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    A Callable Bond with the Call Price Set Equal to the Present
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A Callable Bond with the Call Price Set Equal to the Present

Question 57

Question 57

Multiple Choice

A callable bond with the call price set equal to the present value of the bond's remaining payments is a:


A) convertible bond.
B) straight bond.
C) par call.
D) Yankee call.
E) Canada call.

Correct Answer:

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