Call provision practiced by company which states that call price will be paid is classified as
A
super refund provision
B
super put redemption
C
make-whole call provision
D
super call provision
Correct Answer: make-whole call provision
Call provision practiced by company which states that call price will be paid is classified as make-whole call provision. A make whole call (provision) is a type of call provision on a bond allowing the borrower to pay off remaining debt early.