If a Company Anticipates a Substantial Decline in Interest Rates

question 2

Multiple Choice

If a company anticipates a substantial decline in interest rates in the future, which of the following is it likely to include in a bond?

• A) Par value
• B) Call feature
• C) Convertibility
• D) Reverse dividend

---

Definitions:

Blepharitis

An inflammation of the eyelid margins, often causing redness, itching, and dandruff-like scales.

Ptosis

A medical term used to describe drooping of the upper eyelid, which can affect one or both eyes.

Glaucoma

A group of eye conditions that damage the optic nerve, often due to abnormally high pressure in the eye, leading to vision loss if untreated.

Myopia

A condition of the eyes where close objects appear clearly, but distant ones do not, commonly known as nearsightedness.