The call provision in Canada securities
I.is used with Canada Bills.
II.is used with Canada Bonds.
III.gives the issuer the right to repurchase the security at par.
IV gives the issuer the right to repurchase the security at a premium over par.
A) II and III are correct.
B) II and IV are correct.
C) I,II and III are correct.
D) I,II and IV are correct.
E) Only II is correct.

Question

Quizplus · Accepted Answer

The call provision in Canada securities is used with Canada Bonds and gives the issuer the right to repurchase the security at par.

The Call Provision in Canada Securities