Personal Finance, 6e (Madura) Chapter 16 Investing in Bonds
22) Investors are willing to purchase bonds with a call feature only if the bonds offer a(n) A) slightly lower return than similar bonds without a call feature. B) slightly higher number of shares of the issuer's stock. C) slightly higher return than similar bonds without a call feature. D) extraordinary return similar to an IPO. Answer: C Diff: 2 ................
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