A consol:
A) always sells at a premium.
B) always sells at a discount.
C) is an agent that makes interest payments.
D) has no maturity.
E) pays no interest.

Name: A consol: A) always sells at a premium. B) always sells at a discount. C) is an agent that makes interest payments. D) has no maturity. E) pays no interest.
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Question

Quizplus · Accepted Answer

Consols are perpetual bonds, meaning they have no maturity date. They continue to pay interest indefinitely without the principal amount being repaid.

A Consol