Why should I choose AnalystNotes?

AnalystNotes specializes in helping candidates pass. Period.

Find out more

Basic Question 9 of 16

A callable bond allows the issuer to call the bond once a year starting from year 6 until the bond maturity date. The call option is most likely:

A. an American option.
B. a European option.
C. a Bermuda option.
Check Answer Previous Q Next Q Print

User Contributed Comments 2

User Comment
maryprz14 ONCE A YEAR... if you don't see this you will go for A
My mistake by the way :/
Inaganti6 Same
You need to log in first to add your comment.
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh

Craig Baugh

Learning Outcome Statements

describe fixed-income securities with embedded options;

CFA® 2025 Level II Curriculum, Volume 4, Module 28.