A call provision grants the bond issuer the

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A call provision grants the bond issuer the:

-right to contact each bondholder to determine if he or she would like to extend the term of his or her bonds.

-option to exchange the bonds for equity securities.

-right to automatically extend the bond's maturity date.

-right to repurchase the bonds on the open market prior to maturity.

-option of repurchasing the bonds prior to maturity at a prespecified price.

Reference no: EM131306480

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