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Basic Question 11 of 16

Which type(s) of bonds is (are) beneficial for the bondholder?

I. Callable bonds
II. Putable bonds
III Convertible bonds

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe fixed-income securities with embedded options;

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