Series 50: Make Whole Call

Taken from our Series 50 Online Guide

Make Whole Call

When a bond has a make-whole provision and it is called, the issuer must provide the bondholder with a lump sum payment that includes not just the principal but also the net present value (NPV) of all future coupon payments that the bon

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Five decades in the muni business didn't guarantee I'd pass the Series 50 pilot exam. (Just knowing content doesn’t mean you are ready for the test.) Thankfully, my Solomon Exam Prep materials were fantastic at teaching complex subject matter in a way that made the answers clear, and I passed the test with ease.

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