Which of the Following Statements Regarding a Call Provision Is

Multiple Choice

Which of the following statements regarding a call provision is most accurate?

A) The issuer can repurchase a fraction of the outstanding bonds in the market or it can make a tender offer for the entire issue.
B) A call provision allows the issuer to repurchase the bonds at the market price.
C) The call price is generally set at or below,and expressed as a percentage of,the bond's face value.
D) A call feature forces the issuer of the bond to retire all outstanding bonds on (or after) a specific date for the call price if the call price exceeds the market price.
E) A call feature gives the bondholder the option to convert each bond owned into a fixed number of shares of common stock.