Most Corporate Bonds Have a Call Provision That Enables the Issuer

question 46

Multiple Choice

Most corporate bonds have a call provision that enables the issuer to ___ the bond before maturity.

• A) redeem
• B) default on
• C) sell
• D) reissue

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Definitions:

Rooting

An instinctual reflex in babies that prompts them to turn their head toward a touch on their cheek or mouth area, assisting in breastfeeding.

Western Industrialized

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Months of Age

A measurement of time used to denote the age of infants and young children by counting the number of months since birth.

Object Manipulation

The skill of using the hands and fingers to manipulate, move, control, or use objects effectively.