All of the Following Are Types of Innovative Bonds Except

question 33

Multiple Choice

All of the following are types of innovative bonds except:

• A)convertible bonds.
• B)bowie bonds.
• C)mortality bonds.
• D)indexed bonds.

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Definitions:

Efficiency Wage

A wage rate paid by employers that is above the market equilibrium to increase worker productivity and efficiency.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a specified price before a certain date.

Exercise Price

The exercise price is the price at which an option holder can buy (call option) or sell (put option) the underlying security or commodity.

Incentive Scheme

A plan or program designed to motivate and reward employees in order to improve their performance and productivity.