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  1. Q: please tell me what the "make whole call" is

    Category: glossary , Asked by: Allison E. From United States

    A: A type of call provision on a bond allowing the borrower to pay off remaining debt early. The borrower has to make a lump sum payment derived from a formula based on the net present value (NPV) of future coupon payments that will not be paid because of the call. A make whole call will be defined in the indenture. The issuer doesn't expect to have to use this type of provision, but if the issuer does, investors will be compensated, or "made whole." Because the cost can often be significant, such provisions are rarely invoked.

  2. Q: Which online forex platform has got the easiest to understand interface?

    Category: technical , Asked by: G. Valdez from Monaco

    A: If you're looking for an online forex platform that has an easy to understand download, you should definitely try "AVA FX". Downloading and installing the site's installation package is easy. The communication is flowing - it never breaks off even once while you're downloading, and it's no trouble to get into and start playing.

  3. Q: please define "dollar price"

    Category: glossary , Asked by: Y. Deleon from Bruxelles [Brussel], Belgium

    A: Percentage of par, or face value, that a bond is quoted at. The other way bonds are often quoted is in terms of their yield. For example, if the price of the bond is $1,120 and the par value of the bond is $1,000, the bond would be quoted at 112% in dollar terms.

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