FRM一级备考，掌握知识点最重要。下面这题错误率很高，考生们要看清楚题目再作答：

　　Which of the following is the appropriate redemption price when bonds are called according to the sinking fund provision?
 
　　A. Regular redemption price.
 
　　B. Special redemption price.
 
　　C. General redemption price.
 
　　D. Specific redemption price.
 
　　Answer:B
 
　　Regular redemption and general redemption price are identical and refer to bonds being called according to the provisions specified in the bond indenture. When bonds are redeemed to comply with a sinking fund provision or because of a property sale mandated by government authority, the redemption prices (typically par value) are referred to as "special redemption prices." There is no such thing as a specific redemption price.

 
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