Which of the Following Features of a Bond Could Result

question 34

Multiple Choice

Which of the following features of a bond could result in the company never paying out cash to redeem the bonds?

• A) Par value
• B) Call feature
• C) Convertibility
• D) Yield to maturity

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Definitions:

Mean

The average of a set of numbers, found by dividing the sum of all the values by the number of values.

Central Tendency

A numerical metric that pinpoints a sole figure to typify a whole data distribution, often utilizing the mean, median, or mode.

Data

Facts and statistics collected together for reference or analysis, often used as a basis for making decisions or drawing conclusions.

Median

The middle value of a dataset arranged in order of magnitude, or the mean of the two middle values if the set has an even number of observations.