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Destiny Goodin
on Nov 15, 2024

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Bonds that may be redeemed at a certain price level are known as:

A) callable bonds.
B) debenture bonds.
C) serial bonds.
D) term bonds.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a predetermined call price.

Redeemed

Refers to the repayment or buyback of securities, such as bonds or preferred stocks, before their maturity.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy.

  • Understand the characteristics and purposes of different types of bonds.
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Zahara AlhanidiNov 19, 2024
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