A Recent Publication Referred to a Series of Bonds as "The

question 11

Multiple Choice

A recent publication referred to a series of bonds as "the 6s of 35." What does this mean?

• A) They were issued in 2006, and they mature in 2035.
• B) That any bond in this issue, whose series' numbers end in "6" are callable in the year 2035.
• C) They are 35-year bonds that were due in 2006.
• D) They pay 6% interest and they mature in 2035.

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