Bonds That Give the Issuer an Option of Retiring Them

question 5

Multiple Choice

Bonds that give the issuer an option of retiring them before they mature are:

• A) Debentures.
• B) Serial bonds.
• C) Sinking fund bonds.
• D) Registered bonds.
• E) Callable bonds.

---

Definitions:

Cash Flow

The total net flow of cash transactions in and out of an enterprise, deeply affecting its liquidity quotient.

Stockholders

Individuals or entities that own shares in a corporation, giving them partial ownership and potentially a claim on its profits.

Millions

A numerical value representing one thousand thousands, or 1,000,000.

Cash Flow

The total amount of money being transferred into and out of a business, often used as an indicator of financial health.