Answer the below questions. (a) What is a bullet bond? (b) Can a bullet bond be redeemed

Question:

Answer the below questions.
(a) What is a bullet bond?
(b) Can a bullet bond be redeemed prior to the stated date? Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...