Callable Bonds

question 84

Multiple Choice

Callable bonds

• A) can be redeemed by the issuer at some time at a pre-specified price.
• B) can be converted to stock.
• C) mature in a series of payments.
• D) None of these is correct.

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Definitions:

Incentive

A motivational factor that prompts a person to act in a certain way or pursue a particular course of action.

Innate Goal

An inherent aim or objective that is hardwired into an organism, guiding its behaviors from birth.

Self-actualization

A term originating from humanistic psychology, referring to the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Abraham Maslow

A renowned American psychologist famous for developing the hierarchy of needs theory, which suggests psychological well-being is based on satisfying fundamental human needs in a specific order, ultimately leading to self-actualization.