Question
A callable bond gives a valuable option to the bonds owners. A. True B. False If an investor wants to acquire the right to buy
A callable bond gives a valuable option to the bonds owners.
- A. True
- B. False
If an investor wants to acquire the right to buy or sell an asset, but not the obligation to do it, the best instrument is an option rather than a futures contract.
- A. True
- B. False
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
