Which of the Following Is True

question 10

Multiple Choice

Which of the following is true?

• A) A callable bond allows the lender to ask for the principal to be repaid early
• B) A callable bond allows the borrower to repay the principal early
• C) A callable bond is a bond with an embedded stock option
• D) None of the above

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Definitions:

Manager

An individual responsible for controlling or administering all or part of a company or similar organization.

Reward Power

The capacity to offer something of value as a means to influence the behavior of others.

Influence

The capacity to have an effect on the behavior, development, or character of someone or something.

Value

The importance, worth, or usefulness of something, often determining its desirability or the principles held by individuals or organizations.