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Which of the following is true regarding callable bonds? a) They can be paid off...

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Accounting

Which of the following is true regarding callable bonds?

a) They can be paid off early at either the issuer's or the bondholder's request.

b) The issuer can decide to extend the maturity date of a callable bond issuance.

c) Only the issuer has the option to redeem the bond prior to maturity.

d) None of the above.

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