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:

Transition Theory

A theoretical framework describing and explaining the process individuals go through as they adapt to changes or transitions in their life circumstances.

Condition Of Change

The specific circumstances or requirements that facilitate or necessitate alteration or transformation in a system, process, or entity.

Availability Of Resources

The extent to which necessary resources, such as time, money, and materials, are accessible and adequate to meet needs or goals.

Milestones

Significant markers or events that signify progress or development in a particular process or journey.