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    Question

    Which of the following Statements is/are True? I-

    AT-1 bonds are a type  of unsecured, perpetual bonds. II- The return on AT-1 bonds is usually higher than normal bonds. III- The issuing banks have the option to recall AT-1 bonds issued by them.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C I & II Correct Answer Incorrect Answer
    D II & III Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is E

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