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Many bonds are not callable, but for those that are, which of following is a common feature?
Many bonds are not callable, but for those that are, which of following is a common feature?
Multiple Choice
- Called any time after 2 years of issuance.
- Called any time after 10 years of issuance.
- Called any time after 2 years from the time an investor buys the bond.
- Called any time after 10 years from the time an investor buys the bond.