2698. If bond’s call provision is practiced in first year of issuance then an additional payment is classified as

issuance provision
bond provision
call provision
First provision
✅ The correct answer is C.
If bond’s call provision is practiced in first year of issuance then an additional payment is classified as call provision. A call provision is a provision on a bond or other fixed-income instrument that allows the issuer to repurchase and retire its bonds.

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