________ are subject to redemption before maturity at the option of the issuer.
A)Debentures
B)Mortgage bonds
C)Callable bonds
D)Sinking fund bonds
E)Convertible bonds

Question

Quizplus · Accepted Answer

Callable bonds can be redeemed before their maturity date by the issuer at their discretion, usually at a specific price or premium. This feature gives the issuer flexibility to retire the bonds early if interest rates decline, enabling them to borrow funds at a lower cost. Callable bonds typically offer a higher yield than non-callable bonds, compensating investors for the risk of having their investment called away before maturity.

________ Are Subject to Redemption Before Maturity at the Option