Which one of the following statements is true regarding bond characteristics?
A)Corporate bonds do not have a maturity date.
B)The maturity dates for corporate bonds are generally less than a year.
C)Corporate bonds do not have to be repaid.
D)Corporate bonds are a form of equity financing.
E)Long-term corporate bonds have maturities over 10 years.

Question

Quizplus · Accepted Answer

Long-term corporate bonds typically have maturities that exceed 10 years, distinguishing them from short-term and medium-term bonds which have shorter maturities. This allows companies to finance their operations or projects over a longer period.

Which One of the Following Statements Is True Regarding Bond