Which of the Following Is Not a True Statement

question 76

Multiple Choice

Which of the following is not a true statement?

• A) Mortgage bonds are debt instruments that are secured by real assets.
• B) Callable bonds give the issuer the option to "call" or repurchase outstanding bonds at predetermined call prices at specified times.
• C) Retractable bonds allow the bondholder to sell the bonds back to the issuer at predetermined prices at specified times earlier than the maturity date.
• D) Extendible bonds allow the issuer to extend the maturity date of the bond.

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