Bonds that the issuing company can redeem at a stated dollar amount prior to maturity are convertible bonds.

Name: Bonds that the issuing company can redeem at a stated dollar amount prior to maturity are convertible bonds.
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Convertible bonds are bonds that can be converted into a specified number of shares of common stock. Bonds that can be redeemed by the issuing company prior to maturity are known as callable bonds.

Bonds That the Issuing Company Can Redeem at a Stated