When the Corporation Issuing the Bonds Has the Right to Repurchase

question 33

Multiple Choice

When the corporation issuing the bonds has the right to repurchase the bonds prior to the maturity date for a specific price, the bonds are

• A) convertible bonds
• B) unsecured bonds
• C) debenture bonds
• D) callable bonds

---

Definitions:

World

The earth and all life on it, including human civilization and the natural environment; often used in a global context to discuss issues affecting the planet and its inhabitants.

Day

A unit of time equal to 24 hours, representing the period it takes for the Earth to complete one full rotation on its axis.

Poverty Rate

The percentage of the population whose income falls below the poverty line, indicating their inability to meet basic needs.

Americans

Citizens or nationals of the United States, also referring collectively to the inhabitants of the country.