An Income Bond Is a Bond Which

An income bond is a bond which:

A) Is defined as paying semi-annual, fixed rate payments.
B) Provides semi-annual income for a period of ten years or more.
C) Pays interest only if the issuer has sufficient income to do so.
D) Is convertible into shares of common stock but which will continue to provide annual income for a stated period of time.
E) Pays coupon payments forever but never repays the principal.