Asked by
Cameron Bible
on Nov 13, 2024Verified
Allows the issuer to redeem bonds before maturity date
A) EPS
B) Face value
C) Callable bond
D) Indenture
E) Term bond
F) Convertible bond
G) Serial bond
Callable Bond
A type of bond that gives the issuer the right to repay the bond before its maturity date, usually at a specified call price.
Redeem
The act of exchanging something, such as a coupon or financial securities, for a specific value or service.
Maturity Date
is the specified date on which the final payment of a loan, bond, or other financial instrument is due to be paid.
- Distinguish and correlate the properties of diverse kinds of bonds like callable, convertible, serial, and term bonds.
Verified Answer
AC
Learning Objectives
- Distinguish and correlate the properties of diverse kinds of bonds like callable, convertible, serial, and term bonds.