A ________ Bond Generally Has an Interest Rate That Is

question 51

Multiple Choice

A ________ bond generally has an interest rate that is higher than a similar risk ________ bonds, and a ________ bond generally has an interest rate that is lower than a similar risk ________ bond.

• A) callable; non-callable; convertible; non-convertible
• B) convertible; non-convertible; callable; non-callable
• C) convertible; callable; non-convertible; non-callable
• D) callable; non-callable; non-convertible; convertible

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