Issuers of bonds are most likely to call them in when
A) the prevailing rate of interest exceeds that stipulated on the bonds.
B) investor confidence goes down.
C) the prevailing rate of interest is less than that stipulated on the bonds.
D) investor confidence goes up.
E) the government revises its capital gains tax law.

Question

Quizplus · Accepted Answer

the prevailing rate of interest is less than that stipulated on the bonds.

Issuers of Bonds Are Most Likely to Call Them in When