A Call Feature on a Bond

question 48

Multiple Choice

A call feature on a bond:

• A)prevents the interest rate on the bond from fluctuating.
• B)determines the earliest date that the bonds may be retired.
• C)allows the company to buy back the bonds at a predetermined price.
• D)gives the issuer the right to call the investment banker at any time during the bond's life.

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Definitions:

Social Smile

A smile that emerges in response to seeing familiar people; occurs in an infant between 6 and 10 weeks after birth.

Milestone

A significant point in development or progress.

Infant Development

The physical and psychological growth and changes occurring in babies from birth to 12 months of age.

Autonomy

The right or condition of self-government, or the ability of an individual to make their own choices.