For optional redemption dates securities, maturity date is pre- identified by the issuer and but not declared to the investor. In which, the security is redeemed at any interest date or between two specified dates, or at any interest date on or after a specified date. Select one: a. True O b. False

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
Problem 17GI
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For optional redemption dates securities, maturity date is pre-
identified by the issuer and but not declared to the investor.
In which, the security is redeemed at any interest date or
between two specified dates, or at any interest date on or
after a specified date.
Select one:
a. True
b. False
Transcribed Image Text:For optional redemption dates securities, maturity date is pre- identified by the issuer and but not declared to the investor. In which, the security is redeemed at any interest date or between two specified dates, or at any interest date on or after a specified date. Select one: a. True b. False
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