Which of the following types of bonds may the issuer buy back before maturity?
A) Callable bond
B) Putable bond
C) Convertible bond
D) Zero-coupon bond
Question 2
A sinking fund may be used for each of the following EXCEPT ________.
A) to be held on to and used to pay off the principal at maturity
B) to call in bonds early
C) to buy back some of the bonds over time
D) to be used to pay off other outstanding debt issues