If a company anticipates a substantive decline in interest rates in the future, which feature is it likely to be included in its bond offering?

Name: If a company anticipates a substantive decline in interest rates in the future, which feature is it likely to be included in its bond offering?
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Question

Quizplus · Accepted Answer

A callable feature allows the issuer to redeem the bonds before maturity, which is advantageous if interest rates decline, as the company can refinance at a lower rate.

If a Company Anticipates a Substantive Decline in Interest Rates