With a make whole call provision:
a. the firm to pay a call price that is sufficient to provide bondholders an ex post return equal to the return they would have received on a noncallable Treasury bond with the same original maturity as the called bond.
b. the firm must retire either the entire (or whole) bond issue or none of the bonds.
c. bondholders are allowed to redeem their bonds at par value.
d. the firm has the option to restore bondholders' wealth by issuing new bonds, that would sell at par value, in exchange for the original bonds.
A
You might also like to view...
Networking can include
A) Participating in fund-raising events. B) Pursuing religious af?liations and joining community clubs. C) Getting involved in your community on committees. D) All of the above. E) A and C only.
Drivers carry messages and data between the application and the database and are managed by the operating system
Indicate whether the statement is true or false