11) What are "callable bonds"? A) Bonds that have cash flows indexed to inflation. B) Bonds that can be redeemed 1 year before maturity. C) Bonds that can be redeemed before maturity. D) Bonds that...

11) What are "callable bonds"?

A) Bonds that have cash flows indexed to inflation.

B) Bonds that can be redeemed 1 year before maturity.

C) Bonds that can be redeemed before maturity.

D) Bonds that are sold at a premium.

12) Explain what real-return bonds, convertible bonds and perpetual bonds.