Callable and putable bonds add options to an ordinary bond.These options may be exercised at the discretion of the bondholder in one type,or the bond issuer in the other.Describe callable and putable bonds.In your description,be sure to include which party has the option to exercise,and the impact of the option on the price of the bond.

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The Answer of Callable and putable bonds add options to an ordinary bond.These options may be exercised at the discretion of the bondholder in one type,or the bond issuer in the other.Describe callable and putable bonds.In your description,be sure to include which party has the option to exercise,and the impact of the option on the price of the bond.

Callable and Putable Bonds Add Options to an Ordinary Bond