Asked by

Cameron Bible
on Nov 13, 2024

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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.
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AC
Angel CespedesNov 16, 2024
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