The key factor determining the size of the call premium on callable bonds is the promised call price offered by the security's issuer.
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Q9: A callable security will be called in
Q10: While call privileges are, in general, a
Q11: Generally speaking, the market price of a
Q12: Callable securities usually benefit the issuer over
Q13: There is a positive relationship between the
Q15: Yield spreads between bonds with long call
Q16: Recent research evidence suggests that when interest
Q17: An expectation that interest rates will fall
Q18: High-coupon bonds carry greater call risk than
Q19: In general, the issuer of high-coupon callable
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