Which of these bonds does NOT provide options to the issuer? a/ PIK note b/ Callable...

Question

Question

Which of these bonds does NOT provide options to the issuer?

a/ PIK note

b/ Callable bond

c/ Coco bond

d/ Extendible bond

Answer 1

Answer #1

Option C is correct

Coco Bond

Explanation:

Convertibility of Coco Bond is dependent on the trigger of a specific event, not by the choice of the issuer.

Answer 2

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