The length of time between the date the instrument was issued and is scheduled to make final payment is called:
A) Holding period.
B) Term to maturity.
C) Maturity.
D) b and c only.
E) All of the above.

Question

Quizplus · Accepted Answer

The terms "term to maturity" and "maturity" both refer to the length of time between when a financial instrument is issued and when it is scheduled to make its final payment, making both B and C correct.

The Length of Time Between the Date the Instrument Was