Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'redemption payment'?

A. an event associated with the call schedule for a debt instrument
B. an event associated with the put schedule for a debt instrument, i.e., an event involving the 'put', or surrender of the instrument by the holder
C. scheduled date for the first regular coupon payment, in a regular repeating series of coupon periods, after any non standard (long or short) first coupon period in the schedule
D. repayment event involving payment of a bond's principal amount at maturity or when it is called

Answer: repayment event involving payment of a bond's principal amount at maturity or when it is called