I had this question in a Q-bank and don’t understand what they are asking. Does anyone know what section of the learning material it comes from? Which of the following is the appropriate redemption price when redemption funds are obtained as a result of a forced sale of assets for deregulatory purposes? A) Special redemption price. B) General redemption price. C) Regular redemption price. D) Special redemption price or the regular redemption price.
Port Admin?
I found it. It is discussed under the fixed income section, reading 62 where it talks about “Provisions for redemption and retirement of bonds”. Didn’t remember that part the first time I went through the material…lol p.s. The answer is A