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When a person drives an automobile, that individual is creating
Bondholder's Risk
The risk that a bond issuer will default, resulting in the loss of both periodic interest payments and the principal investment to the bondholder.
Registered Bonds
Bonds that are recorded in the name of the holder on the issuing company's books, ensuring that only the registered holder receives interest payments.
Term Bonds
Bonds that have a fixed maturity date on which the principal amount of the bond is due to be paid.
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