neil1234

cpk123 Wrote:
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> no...
>
> callable bond = non-callable bond - option cost
>
> reason: Call is at the option of the issuer. he
> must make it worth investor's while to invest in a
> callable bond.
>
> putable bond = non-putable bond+option cost.
> put is at the option of the investor.
>
> Please correct me if I am wrong here.

Oh yes you and wisprud were correct. My mistake.