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Question(s) / Instruction(s):

A call provision in a bond agreement grants the issuer the right to:

a)      Repurchase the bonds prior to maturity at a pre-specified price.

b)      Replace the bonds with equity securities.

c)       Repurchase the bonds after maturity at a pre-specified price.

d)      Change the coupon rate, provided the bondholders are notified in advance.

e)      Buy back the bonds on the open market prior to maturity.

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