A Bond Which Has a Deferred Call

question 33

Multiple Choice

A bond which has a deferred call

• A) can be retired at any time prior to maturity provided six months notice is given.
• B) cannot be retired for a specific period of time after which it can be retired at any time.
• C) can be retired at any time during the initial call period but after that time cannot be redeemed prior to maturity.
• D) does not have to be redeemed when it reaches maturity.

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Business Interests

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Licensing Agreement

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Footwear Company

A business entity that designs, manufactures, markets, and sells shoes and related products.