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Sue is considering purchasing a bond that will only return its principal at maturity if the stock market declines. However, if the stock market increases
Sue is considering purchasing a bond that will only return its principal at maturity if the stock market declines. However, if the stock market increases in value during the bond term, at maturity, she will receive both the bond principal and a percentage of the stock market gain. What type of bond is this? |
NoNo bond. |
Put bond.
Contingent, callable bond.
Structured note. |
Sukuk.
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