With most bond issues,a corporation retains the right to pay off the bonds before maturity.Such bonds are called ________.
A) secured bonds
B) fixed bonds
C) debentures
D) callable bonds
E) convertible bonds

Question

Quizplus · Accepted Answer

A)With most bond issues, a corporation retains the right to pay off the bonds before maturity. Bonds containing this provision are known as callable bonds, or redeemable bonds.
B)With most bond issues, a corporation retains the right to pay off the bonds before maturity. Bonds containing this provision are known as callable bonds, or redeemable bonds.
C)With most bond issues, a corporation retains the right to pay off the bonds before maturity. Bonds containing this provision are known as callable bonds, or redeemable bonds.
D)With most bond issues, a corporation retains the right to pay off the bonds before maturity. Bonds containing this provision are known as callable bonds, or redeemable bonds.
E)With most bond issues, a corporation retains the right to pay off the bonds before maturity. Bonds containing this provision are known as callable bonds, or redeemable bonds.

With Most Bond Issues,a Corporation Retains the Right to Pay