________ give the issuer the benefit of being able to pay off the bonds whenever it is most favorable to do so.
A)Convertible bonds
B)Convertible notes
C)Retirement bonds
D)Callable bonds

Question

Quizplus · Accepted Answer

Callable bonds give the issuer the option to pay off the bonds early, which can save them money on interest payments if interest rates have decreased since the bonds were issued. This provides an advantage to the issuer.

________ Give the Issuer the Benefit of Being Able to Pay