When the Maturities of a Bond Issue Are Spread Over

question 8

Multiple Choice

When the maturities of a bond issue are spread over a several dates, the bonds are called:

• A) term bonds.
• B) bearer bonds.
• C) debenture bonds.
• D) serial bonds.

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Definitions:

Preferred Time

A designated or chosen period that is seen as most suitable or desirable for a specific purpose or activity.