Bonds that mature at a single specified future date are called
A) coupon bonds.
B) term bonds.
C) serial bonds.
D) debentures.

Question

Quizplus · Accepted Answer

Term bonds are bonds that have a single specified future date of maturity. Coupon bonds pay periodic interest payments and do not necessarily have a single maturity date. Serial bonds have multiple maturity dates, each with a portion of the principal due. Debentures are unsecured bonds.

Bonds That Mature at a Single Specified Future Date Are