Asked by
Jared Jenkins
on Oct 15, 2024Verified
Bonds that mature at more than one date with the result that the principal amount is repaid over a number of periods are known as:
A) Registered bonds.
B) Bearer bonds.
C) Callable bonds.
D) Sinking fund bonds.
E) Serial bonds.
Serial Bonds
Bonds issued under a single series, where each bond matures at a different specified time.
Mature
To reach a stage in development or growth where full potential or desired outcomes have been achieved.
- Comprehend the features and varieties of bonds, encompassing secured, convertible, callable, sinking fund, registered, coupon, and serial bonds.
Verified Answer
CG
Learning Objectives
- Comprehend the features and varieties of bonds, encompassing secured, convertible, callable, sinking fund, registered, coupon, and serial bonds.