QUESTION 15 Which one of the following increases the probability that a bond will be called? 1. The bond is selling at p
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QUESTION 15 Which one of the following increases the probability that a bond will be called? 1. The bond is selling at p
QUESTION 15 Which one of the following increases the probability that a bond will be called? 1. The bond is selling at par O2. The bond is within the call protection period 3. Market interest rates decline 4. The bond was issued within the past year O 5. The call premium is relatively high