Chartered Financial Analyst Level 1
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If an issuer is required to retire a specified portion of the bond's principal each year, the bond most likely:
If an issuer is required to retire a specified portion of the bond's principal each year, the bond most likely:
Exam-Like
A
is callable.
33.3%
B
is a step-up note.
33.3%
C
has a sinking fund provision.
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