Callable bonds:
A) Have an option whereby the issuing corporation may redeem them under specified conditions.
B) Are also called debentures.
C) Are usually not registered.
D) Can be exchanged for a fixed number of the issuing corporation's common shares.
E) Do not require payment of interest over the life of the bond issue.

Question

Quizplus · Accepted Answer

Callable bonds give the issuing corporation the option to redeem them under specified conditions.

Callable Bonds