Ask Question
24 July, 16:46

Which of the following definitions describes a term bond?

Multiple Choice

a. Matures on a single date.

b. Secured only by the "full faith and credit" of the issuing corporation.

c. Matures in installments.

d. Supported by specific assets pledged as collateral by the issuer.

+2
Answers (1)
  1. 24 July, 19:38
    0
    a. Matures on a single date.

    Explanation:

    Term bond Matures on single date.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following definitions describes a term bond? Multiple Choice a. Matures on a single date. b. Secured only by the "full faith ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers