Asked by
CAROLINE ASKEW
on Nov 13, 2024Verified
When the maturities of a bond issue are spread over several dates, the bonds are called
A) serial bonds
B) bearer bonds
C) debenture bonds
D) term bonds
Serial Bonds
Bonds issued under the same contract that mature at different dates, allowing the issuer to spread out the repayment over time.
- Recognize the various attributes and categories of bonds, including callable, serial, and term bonds.
Verified Answer
EF
Learning Objectives
- Recognize the various attributes and categories of bonds, including callable, serial, and term bonds.