Bonds Issued with a Provision That They May Be Called

question 13

Multiple Choice

Bonds issued with a provision that they may be called for redemption before the date of maturity are known as

• A) convertible bonds.
• B) term bonds.
• C) debenture bonds.
• D) callable bonds.

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Definitions:

Runners

In botany, horizontal stems that grow at the soil surface or just below ground, producing new plants at their nodes; in athletics, individuals who engage in running as a sport.

Nodes

Points along a stem where leaves or branches originate, or in networks, points where lines or pathways intersect.

Periderm

Plant dermal tissue that replaces epidermis during secondary growth of eudicots and gymnosperms.

Cork Cambium

A layer of tissue in plants that produces cork cells for protection and waterproofing.