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:

Indifference Curve

A graph representing different bundles of goods between which a consumer is indifferent, showing preferences.

Marginal Utility

Marginal utility refers to the additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.

E-books

Digital versions of books that can be read on electronic devices such as tablets, e-readers, or computers.

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity of that good or service that consumers are willing and able to purchase.