Which of the following bond features gives the bondholder


1. Which of the following bond features gives the bondholder an option?

a. call option

b. Par option

c. Convertible option

d. Coupon option

2. What risk term is used to describe the relationship between market yields and bond prices?

a. interest rate risk

b. Default risk

c. Unsystematic risk

d. Inflation risk

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Financial Management: Which of the following bond features gives the bondholder
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