Asked by Talmeez Mohammed on Apr 27, 2024
Verified
Provide an appropriate definition of call provision.
Call Provision
A clause in a bond or other fixed-income security that allows the issuer to repay the bond before its maturity date.
- Comprehend the principles of bond call provisions and their effects on both bondholders and issuers.
Verified Answer
TL
Tiyona LashayMay 01, 2024
Final Answer :
Agreement giving the corporation the option to repurchase the bond at a specified price before maturity.
Learning Objectives
- Comprehend the principles of bond call provisions and their effects on both bondholders and issuers.