All of the following corporate bonds have call options, and all have passed their call protection periods. Which of these investments is the issuer are LEAST likely to call away?
The bond with an earlier maturity and a lower coupon is less likely to be called than one with a higher rate. A call price above par is more expensive for the issuer to pay. It is least likely that the 7¼% bond callable at 101½ will be called.
All of the following corporate bonds have call options, and all have passed their call protection periods. Which of these investments is the issuer are LEAST likely to call away?
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