Ignoring default, which of the following is NOT accurate: prior to maturity, ______________.
A) An unprotected callable bond can be terminated (called) by the issuer.
B) An income bond can be terminated (repaid) by the issuer.
C) A convertible bond can be terminated (converted) by the investor.
D) A put bond can be terminated (put) by the investor.
E) A bond with a sinking fund can be terminated (repaid) by the bond trustee.
Correct Answer:
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