A bond which permits the issuer to redeem the bond prior to its maturity date is known as a:
A. Demandable bond
B. Callable bond
C. Requestable bond
D. Askable bond
Answer:B
A bond which permits the issuer to redeem the bond prior to its maturity date is known as a:
A. Demandable bond B. Callable bond C. Requestable bond D. Askable bond