Bonds That Give the Issuer an Option of Retiring Them

question 163

Multiple Choice

Bonds that give the issuer an option of retiring them prior to the date of maturity are:

• A)Debentures
• B)Serial bonds
• C)Sinking fund bonds
• D)Registered bonds
• E)Callable bonds

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Definitions:

Associative Learning

A learning process that involves connecting a stimulus with a response or connecting two stimuli together.

Observational Learning

A learning process where individuals change their behaviors or acquire new skills by watching and imitating others.

Distinction

The act of differentiating or distinguishing between two or more things, based on characteristics or qualities.

Insight Learning

A form of problem solving where the solution suddenly comes to the individual in what seems like a sudden stroke of enlightenment.