Bonds that mature at different dates with the result that the entire debt is repaid gradually over a number of years are called
A)Registered bonds
B)Serial bonds
C)Callable bonds
D)Coupon bonds
E)Bearer bonds

Question

Quizplus · Accepted Answer

Serial bonds mature at different dates, with the result that the entire debt is repaid gradually over a number of years. Registered bonds are bonds that have the owner's name registered with the issuer and pay interest directly to the owner. Callable bonds can be redeemed by the issuer before their maturity date. Coupon bonds pay a fixed interest rate periodically to the bondholder. Bearer bonds do not have the owner's name registered with the issuer and are paid to whoever holds the physical certificate, making them more susceptible to theft and fraud.

Bonds That Mature at Different Dates with the Result That