Bonds without a maturity date are called
A) zero-coupon bonds.
B) preferred bonds.
C) common bonds.
D) consols.

Name: Bonds without a maturity date are called A) zero-coupon bonds. B) preferred bonds. C) common bonds. D) consols.
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Question

Quizplus · Accepted Answer

Bonds without a maturity date are called consols. Zero-coupon bonds have a specific maturity date but do not pay regular interest, preferred bonds have a fixed maturity date and pay a fixed amount of interest, and common bonds do not exist as a specific type of bond.

Bonds Without a Maturity Date Are Called