?
If bond's call provision is practiced in first year of issuance then an additional payment is classified as
Answer & Solution
Correct Answer:
Option
C
If bond's call provision is practiced in first year of issuance then an additional payment is classified as call provision. A call provision is a provision on a bond or other fixed-income instrument that allows the issuer to repurchase and retire its bonds.
Join the Discussion
Login to post a comment or share your explanation.
Login