Bonds That Have an Option Exercisable by the Issuer to Retire

question 182

Multiple Choice

Bonds that have an option exercisable by the issuer to retire them at a stated dollar amount prior to maturity are known as:

• A) Sinking fund bonds.
• B) Callable bonds.
• C) Convertible bonds.
• D) Serial bonds.
• E) Junk bonds.

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Definitions:

Bulla

A large fluid-filled blister that appears on the surface of the skin, which can result from burns, infections, or other skin conditions.

Skin Lesion

An area of damaged or abnormally altered tissue on the skin, which could be a rash, mole, tumor, or sore.

Increase Muscle Mass

The process of gaining muscle size and strength through physical activity, nutrition, and adequate recovery.

Hirsutism

An excessive growth of dark or coarse hair in a male-like pattern on a woman's face, chest, and back.