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Retractable Bonds

Question 9

Multiple Choice

Retractable bonds:


A) give the bondholder the right to sell the bonds back to the issuer prior to maturity.
B) give the issuer the right to buy the bonds back from the issuer prior to maturity.
C) give the bondholder the right to buy additional bonds from the issuer.
D) give the issuer the right to sell additional bonds to the bondholder..

Correct Answer:

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