How do I initialize (clear) all Bluetooth settings including stored pairing and phonebook on the KD-SR86BT?

Press and hold the menu button, navigate to [BT MODE], then select [INITIALIZE] and choose [YES] to initialize all Bluetooth settings including stored pairing, phonebook, and other Bluetooth data. Select [NO] to cancel the operation. (Page 24)

From the official Jvc KD Sr86bt manual, page 24

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