A ____ bond gives the bondholder the right to cash in the bond before maturity at a specific price after a specific date.

A ____ bond gives the bondholder the right to cash in the bond before maturity at a specific price after a specific date.

A __________ bond gives the bondholder the right to cash in the bond before maturity at a specific price after a specific date.


A. callable

B. coupon

C. puttable

D. Treasury


Answer: C