Which of the Following Bond Features Is Least Desirable to Investors

question 65

Multiple Choice

Which of the following bond features is least desirable to investors?

• A) serial maturity dates
• B) a nonrefundable provision
• C) a call provision
• D) sinking fund

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Definitions:

Central Bank

An institution that manages a state's currency, money supply, and interest rates, often overseeing the commercial banking system of its country.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level, at a specific time.

Quantity Supplied

The volume of a commodity or service that sellers are ready and able to put on the market for a certain price within a designated period.

Reserves

Funds or materials set aside for future use or in case of an emergency, often referring to financial or resource stockpiles.