A bond that can be paid off early at the issuers discretion


1. A bond that can be paid off early at the issuer's discretion is referred to as being which type of bond?

1. Unsecured.

2. Par value.

3. Senior.

4. Callable.

5. Subordinated.

2. Which one of these is most apt to be included in a bond’s indenture one year after the bond has been issued?

1. Written record of all the current bond holders.

2. Price at which a bondholder can resell the bond to another bondholder.

3. Current market price.

4. Current yield.

5. List of collateral used as bond security.

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Financial Management: A bond that can be paid off early at the issuers discretion
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