Allows the issuer to redeem bonds before maturity date
A)carrying amount
B)face value
C)callable bond
D)indenture
E)term bond
F)convertible bond
G)serial bond

Question

Allows the issuer to redeem bonds before maturity dateA)carrying amountB)face valueC)callable bondD)indentureE)term bondF)convertible bondG)serial bond

Sherice Lovato · Accepted Answer

Final Answer : c, Explanation :  A callable bond allows the issuer to redeem bonds before the maturity date. The other options in the list do not necessarily relate to this feature.

Allows the issuer to redeem bonds before maturity date
A)carrying amount
B)face value
C)callable bond
D)indenture
E)term bond
F)convertible bond
G)serial bond

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Learning Objectives

Learning Objectives

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