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Trava [24]
4 years ago
10

Question: a call provision allows bondholders to tender (turn in) their bonds at any time and receive the principal amount in re

turn. a true b false
Business
1 answer:
Alexandra [31]4 years ago
3 0
Strictly speaking, a call provision allows bondholders to tender (turn in) their bonds at any time and receive the principal amount in return is a false or incorrect statement. Because there should be time window (not any time) on the agreement where bond can be called. Also, the returned amount could be a part or the entirety with any accrued interest within the provision.
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