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Business, 21.04.2020 16:31 Flaka2809

A bond that is callable has a chance of being retired earlier than its stated term to maturity. Therefore, if the yield curve is upward sloping, an outstanding callable bond should have a lower yield to maturity than an otherwise identical noncallable bond.
A. True
B. False

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A bond that is callable has a chance of being retired earlier than its stated term to maturity. Ther...
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