Author Question: A call feature in a bond allows the issuer the opportunity to repurchase bonds at a stated price ... (Read 58 times)

burchfield96 · **on:** Jul 11, 2018

A call feature in a bond allows the issuer the opportunity to repurchase bonds at a stated price prior to maturity, and this option has a greater chance of being exercised (to the benefit of the bondholder) if market interest rates have fallen since

the bond was issued.
Indicate whether the statement is true or false

Question 2

Incremental cash flows represent the additional cash flows expected as a direct result of the proposed project.

Indicate whether the statement is true or false