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4)   You are comparing two callable bonds that are exactly the same, however one of them has a higher call

premium. This bond is more likely

      A.    to have a higher value.

      B.     to be called early.

      C.    to have a lower yield-to-maturity.

      D.    to decrease in value when interest rates go down.

Top Answer

B. To be called early It... View the full answer

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