Whenever the price of the bond increases above the strike price stipulated on the call option, it will be optimal for the issuer to call teh bond. Theoretically, the price of a currently callable bond should never rise above its call price.
Callable Bond
2 years ago by aoddl94 (69)
$2.04
- Past Payouts $2.04
- - Author $1.07
- - Curators $0.97
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