Callable Bonds Generally

Multiple Choice

Callable bonds generally:

A) Allow the bondholder to decide when the bond is to be called.
B) Are associated with sinking funds.
C) Permit the issuer to repurchase the bonds at a discount.
D) Are called within the first couple of years after issuance.
E) Are required to have a deferred call provision if they have a "make-whole" call provision.