________ have a short maturities, typically one to five years, and which can be renewed for a similar period at the option of their holders.

Question

Quizplus · Accepted Answer

Extendible notes have short maturities, typically one to five years, and can be renewed for a similar period at the option of their holders. Floating rate bonds have variable interest rates that adjust periodically. Putable bonds have an option for the holder to sell the bond back to the issuer before maturity, and junk bonds have lower credit ratings and higher risk of default.

________ Have a Short Maturities, Typically One to Five Years