When a bond issuer has the right to pay off part or all of the bond before the scheduled maturity date, the bond is said to have

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问题 When a bond issuer has the right to pay off part or all of the bond before the scheduled maturity date, the bond is said to have______.

选项 A、a conversion feature
B、a call provision
C、a replacement value
D、a reduced maturity

答案B

解析 答案为B项。在发行后一定时期可按特定的赎买价格由发行公司收回的债券为可赎回债券,即有提前赎回条款(call provision)。故本题选B项。
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