Holders either at specific date after the date of issue

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Reference no: EM131321344

Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a large amount of additional debt are called ________.

a. zero coupon bonds b. junk bonds c. floating-rate bonds d. putable bonds

Reference no: EM131321344

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