A bond where the issuer has the right to retire the debt early is said to have a: O A Sinking fund OB. Call provision O Debenture OD.Credit default swap QUESTION 11 Which of the following is a characteristic of money market instruments? O A. Not very liquid - no secondary market exists OB. Usually sold in values of $1,000 OC. The instrument matures in one year or less from the issue date OD. High default rate QUESTION 12 If the industry PE ratio for a firm is 32, what is the current stock price for a firm with earnings for 85 cents / share? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)