Some bonds are _____, which means the issuing firm has the right to repurchase the bonds prior to maturity at a specified price.
A)convertible
B)callable
C)zero coupon
D)serial
E)debentures

Name: Some bonds are _____, which means the issuing firm has the right to repurchase the bonds prior to maturity at a specified price. A)convertible B)callable C)zero coupon D)serial E)debentures
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Question

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Callable bonds give the issuing firm the right to repurchase the bonds prior to maturity at a specified price.

Some Bonds Are _____, Which Means the Issuing Firm Has