Examlex
All of the following statements about sickle-cell anemia are correct except:
Callable Bond
A type of bond that can be redeemed by the issuer before its maturity date at a specified price.
Redemption
The process by which securities or financial instruments are converted into cash or its equivalent value.
Collar
A protective options strategy that involves buying a put option and selling a call option on the same asset to limit the range of possible returns.
Putable Bond
A type of bond that allows the holder to sell the bond back to the issuer at a predetermined price before maturity.
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