Whats the difference between a callable bond and putable, Financial Management

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Whats the difference between a callable bond and putable

1. Whats the difference between a callable bond and putable bond?

2. Gary loves shopping for electronic gadgets and he has decided to start saving. At the end of each year, he will deposit $2,000 in his local bank, which pays an annual interest of 6%. How much will he save by end of eight years?

3. An investor buys a $10,000 par , 4.375 percent annual coupon TIPS security with five years to maturity. If inflation every six months over the investor's holding period is 1.50 percent, what is the final payment the TIPS investor will receive?

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Financial Management: Whats the difference between a callable bond and putable

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