Bonds subject to a redemption provision which permits the corporation to redeem or pay off all, or a part, of the issue before maturity at a specified redemption price are known as ____ bonds
A) secured
B) income
C) callable
D) convertible
C
Business
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Personal property that is permanently affixed to land or buildings is called a fixture
Indicate whether the statement is true or false
Business
If the exchange rate quotes in two different countries were out of line with each other, an
enterprising trader could make a profit by buying in the market where the currency was cheaper and simultaneously selling it in the market where the currency was more expensive. Such a person would be known as a(n) A) cross trader. B) capitalist. C) arbitrageur. D) spot trader.
Business