Author Question: When a bond is callable, the ability to call the bond is an option for ________. A) the bond ... (Read 92 times)

ARLKQ · **on:** Jul 10, 2018

When a bond is callable, the ability to call the bond is an option for ________.

A) the bond issuer
B) the bond purchaser
C) a mutual decision between the issuer and the purchaser of the bond
D) the trustee holding the bond

Question 2

If the average PE ratio for the construction industry is 15 and earnings per share for Lincoln Builders is 2.35, what is the current price of Lincoln's stock?

A) 17.35
B) 6.38
C) 35.25
D) 0.16
E) 17.63