Bonds That Mature at Different Dates and End Up with the Total

question 85

Multiple Choice

Bonds that mature at different dates and end up with the total principal repaid gradually over a number of periods are referred to as:

• A)Registered bonds
• B)Bearer bonds
• C)Callable bonds
• D)Sinking fund bonds
• E)Serial bonds

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Definitions:

Primary

Refers to the first or most significant in order or importance.

Tertiary

Relating to the third level or stage of something; in education, it refers to post-secondary education such as universities and colleges.

Normative Approach

An aspect of ethics that concerns the criteria of what is right or wrong, focusing on the moral standards that guide behavior within a society or organization.

Stakeholder Demands

The expectations or requirements that individuals or groups with an interest or stake in an organization seek to be fulfilled or addressed.