Can anyone explain callable &puttable bonds with examples.
Sajeetha R
CA Final
★ 46K+
14-Mar-22 08:25
570
Answers (1)
Best Answer
Call gives and option to buy. So the company can buy back the bonds. Investor will have to sell.
Put gives an option to sell, investor can sell at his option to the company. Company is obliged to buy.
