Bonds That Have an Option Exercisable by the Issuer to Retire

question 77

Multiple Choice

Bonds that have an option exercisable by the issuer to retire them at a stated dollar amount prior to maturity are known as:

• A) Convertible bonds.
• B) Sinking fund bonds.
• C) Callable bonds.
• D) Serial bonds.
• E) Junk bonds.

---

Definitions:

Erectile Disorder

Inability to develop or maintain an erection due to insufficient blood flow to the penis.

Premature Ejaculation

A sexual dysfunction characterized by ejaculation that occurs with minimal sexual stimulation and before the person wishes it, leading to distress or interpersonal difficulty.

Sexual Climax

The peak of sexual excitement, characterized by strong feelings of pleasure and, typically, by ejaculation in males and vaginal contractions in females.

Sexual Partner

An individual with whom another individual engages in sexual activity.