A callable bond allows the issuer to retire the security prior to maturity.
Answer the following statement true (T) or false (F)
True
Rationale: A bond can be freely callable, which means the issuer can retire the bond prematurely at any time. See 12-3: Investing in Bonds.
You might also like to view...
Beauty pioneer Estée Lauder does not utilize Internet marketing because the multimillion-dollar cosmetics business uses three means of communication: "telephone, telegraph, and tell a woman."
Indicate whether the statement is true or false
Which type of organizational development intervention focuses on job design, tasks, and division of labor?
A. quality of worklife interventions B. structural interventions C. sociotechnical system design interventions D. task–technology interventions
The Securities Act of 1933 is also referred to as the "blue sky" law
a. True b. False Indicate whether the statement is true or false
In the ________ stage of the project life cycle, a major portion of the physical project work performed.
A. Identifying B. Defining C. Planning D. Executing E. Closing