A Call Feature

question 109

Multiple Choice

A call feature:

• A)allows bondholders to convert their bond to a specified number of shares of common stock.
• B)is not available on corporate bonds.
• C)allows the corporation to buy outstanding bonds from current bondholders before the maturity date.
• D)is only available with government securities.
• E)is guaranteed by the corporation.

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Definitions:

Codes of Ethics

Guidelines designed to help professionals conduct business honestly and with integrity, usually set by professional organizations or individual companies.