Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
-Which of the following is one of the ways bonds can be categorized?

Question

Use the present value and future value tables included in Appendix 8 and on the textbook companion website. 
-Which of the following is one of the ways bonds can be categorized?

Quizplus · Accepted Answer

Bonds can be categorized based on all of the factors listed in the options. The extent to which bondholders are protected is determined by the bond's credit rating and the presence of collateral or other security measures. How bond interest is paid can be either through periodic payments, known as coupon payments, or an accumulated lump sum at maturity. The maturity of bonds can also vary, with some having short-term maturities of a year or less and others having long-term maturities of 20 or 30 years.

Use the Present Value and Future Value Tables Included in Appendix