Examlex
Which of the following statements about target marketing is incorrect?
Original Maturity
This refers to the duration from the issuance of a bond or other fixed-income security until its due date.
Default Risk
The risk that a borrower fails to make the required payments on their debt obligation.
Canada Call Feature
A special feature on certain bonds that allows the issuer to redeem the bond before maturity in the Canadian market.
Maturity
Maturity indicates the date on which the principal amount of a financial instrument is due to be paid back.
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