Q550
Call provision practiced by company which states that call price will be paid is classified as
A.
super refund provision
B.
super put redemption
C.
make-whole call provision
AnswerD.
super call provision
Answer: Option C
Solution
Answer: Option C
Solution:
Call provision practiced by company which states that call price will be paid is classified as make-whole call provision. A make whole call (provision) is a type of call provision on a bond allowing the borrower to pay off remaining debt early.