Multinational corporations are companies that ________.

A) have formed strategic alliances with companies across the world

B) export to multiple countries from a central location

C) establish a physical presence in multiple countries through FDI

D) procure supplies from multiple countries to improve their production

E) have formed operational alliances with companies across the world

Incobar Steel is a large manufacturer of steel. The company decides to issue bonds to raise money to expand its operations. The final maturity term of the bonds is three years, but a portion of the outstanding bonds matures once in every six months. The bonds are backed only by the corporation's promise to pay. The bonds that Incobar Steel is issuing are best referred to as ________ bonds.

	A. mortgage
	B. callable
	C. term
	D. secured
	E. serial