What Provision Allows the Issuer to Redeem the Bond Before

question 130

Multiple Choice

What provision allows the issuer to redeem the bond before its maturity at a specified price?

• A)Bond provision
• B)Convertible provision
• C)Call provision
• D)Redeem provision

---

Definitions:

Accounts

Records that summarize financial transactions pertaining to a business entity’s assets, liabilities, equity, revenues, and expenses.

Increases and Decreases

Terms used to describe the upward and downward movements in financial and non-financial metrics within business operations.

T Account

The simplest form of an account.

Debit

An accounting entry that represents an increase in assets or expenses, or a decrease in liabilities, equity, or revenue.