Serial bonds are bonds of a single issue that:
A)will pay no interest payments.
B)will mature on the same date.
C)will mature on different dates.
D)cannot be called.
E)will all mature ten years from the date of issue.

Question

Quizplus · Accepted Answer

Serial bonds are characterized by having different maturity dates, allowing the issuer to spread out the repayment over time rather than repaying the entire principal at once.

Serial Bonds Are Bonds of a Single Issue That