Callable bonds may be which of the following?
A)Turned in for early retirement at the option of the bondholder.
B)Converted to common shares at the option of the bondholder.
C)Called for early retirement at the option of the issuer.
D)Converted to registered bonds at the option of the company president.

Question

Quizplus · Accepted Answer

Callable bonds can be redeemed by the issuer before the maturity date, allowing the issuer to take advantage of lower interest rates.

Callable Bonds May Be Which of the Following