Which of the Following Is a Characteristic of a Bond

question 137

Multiple Choice

Which of the following is a characteristic of a bond?

• A)A bond represents a promise to repay a fixed amount of funds.
• B)The face value or principal plus interest is repaid at a specified period of time.
• C)The length of coupon payments is fixed by the stated maturity period.
• D)All of these are characteristics of bonds.

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