A Bond That Is Callable Has a Chance of Being

question 79

True/False

A bond that is callable has a chance of being retired earlier than its stated term to maturity.Therefore, if the yield curve is upward sloping, an outstanding callable bond should have a lower yield to maturity than an otherwise identical noncallable bond.

---

Definitions:

AddActionListener

A method used in Java programming to attach an event listener to a button or other interactive component.

Listener Object

An object in programming that awaits and responds to events or changes in state, commonly used in event-driven programming models.

Surface Area

In mathematics and programming, the total area of the exterior surface of an object or shape.

Cylinder

A three-dimensional geometric shape with straight parallel sides and a circular or oval section.