Bonds with a Call Feature _________________

question 59

Multiple Choice

Bonds with a call feature _________________.

• A) Have a phone number on them where you can check the value of the bond
• B) Allow the issuer buy back the bond before its maturity date
• C) Are locked in at the current interest rate
• D) Can be stored electronically on a cell phone

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Definitions:

Security

A financial instrument representing an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Dark Pools

Private financial forums or exchanges for trading securities not accessible by the investing public, often used by large institutions to avoid impacting the market with large orders.

Anonymity

The condition of being anonymous, where an individual's identity is unknown or concealed.

Large Blocks

Trades involving a significantly large quantity of stocks or securities, typically used by institutional investors.