Which three of the following accurately apply to bonds?
A) The company (usually) promises to pay the bond owners a series of interest payments, known as coupons, until the bond matures.
B) The bank makes a fixed charge on the asset, generally 1 per cent above base rate.
C) A bond is a long- term contract in which the bondholders lend money to a company.
D) At maturity the bondholder receives a specified principal sum called the par (face or nominal) value of the bond.
Correct Answer:
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