Examveda
Examveda

Bond call provision that is not practiced even after several years of issuance is classified as

A. original provision

B. deferred call

C. deferred provision

D. permanent provision

Answer: Option B

Solution(By Examveda Team)

Bond call provision that is not practiced even after several years of issuance is classified as deferred call. A provision that prohibits the company from calling the bond before a certain date. During this period the bond is said to be call protected.

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