What is the price called at which a bond issuer can redeem a portion of the bond on a designated call date?

Choose the correct answer

Explanation

The call price is the amount at which the bond issuer has the right to repurchase the bond before maturity on the specified call date. The bid price refers to the price a buyer is willing to pay, term price is not a standard term in this context, and futures price relates to contracts, not bond redemption.

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