Adding a call provision-under normal conditions

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Reference no: EM131510164

Adding a call provision, under normal conditions, would be most likely to

a) add restrictive covenants that limit management's actions.

b) increase the coupon rate required for a bond to be issued at par.

c) cause the rating agencies change the bond's rating from Baa to Aaa.

d) make the bond a first mortgage bond rather than a debenture.

Reference no: EM131510164

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