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Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or issuing a large amount of additional debt are called ________.

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sandlee09

Answer:

putable bond

Explanation:

According to my research on different financial investments, I can say that based on the information provided within the question the term  being described is called a puttable bond. Like mentioned in the question this is a bond in which entitles the bondholder to return or redeemed the bond to the issuer on specified dates before its maturity date.

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