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14. A bond is a bond where the issuer has an option to retire the bond before maturity at a specific price after a specific

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14. A bond is a bond where the issuer has an option to retire the bond before maturity at a specific price after a specific date. A. callable B. coupon C. puttable D. treasury 15. Bonds rated or lower by Standard & Poor's are considered to be a speculative grade. . B. BBB C. BB D. CCC

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