Bonds that give the issuer an option of retiring them before they mature are known as
A)Debentures
B)Callable bonds
C)Convertible bonds
D)Registered bonds
E)Serial bonds

Question

Quizplus · Accepted Answer

Callable bonds give the issuer the option to retire them before they mature, whereas debentures, convertible bonds, registered bonds, and serial bonds do not necessarily have this feature.

Bonds That Give the Issuer an Option of Retiring Them