Bonds That Mature at More Than One Date with the Result

question 178

Multiple Choice

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.

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Definitions:

Triassic

A geologic period and system which lasted from about 252 to 201 million years ago, marking the beginning of the Mesozoic Era.

Carboniferous

A geologic period and system that occurred around 359 to 299 million years ago, known for its vast swamp forests and the formation of significant coal deposits.

Ordovician

A geological period, approximately 485 to 444 million years ago, marked by significant diversification of life, especially in marine environments.

Cretaceous

A geological period from about 145 to 66 million years ago, known for the dominance of dinosaurs and ending with their mass extinction.