Bonds That Can Be Redeemed at Par at the Option

question 129

Multiple Choice

Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a large amount of additional debt are called ________.

• A) zero coupon bonds
• B) junk bonds
• C) floating-rate bonds
• D) putable bonds

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Definitions:

Geologic Map

A map specifically designed to show geological features such as rock formations, fault lines, and stratigraphy.

Rock Units

Distinct volumes of rock or strata that are identifiable by specific characteristics, serving as the basic mapping divisions in geology.

Geologic Features

Natural formations and structures on the Earth's surface, such as mountains, valleys, and rivers, formed through geological processes.

Institutional Theory

A theory on the deeper and more resilient aspects of social structure, considering the processes by which structures, schemes, rules, norms, and routines become established as authoritative guidelines for social behavior.