Which of the following is/are correct regarding the maturity date on securities?
A)I only
B)II only
C)Both I and II
D)Neither I nor II

Question

Quizplus · Accepted Answer

I) Maturity date is the date on which the face value of a security is to be paid to the owner.
This statement is correct.

II) For a bond, the maturity date may also refer to the date on which the final interest payment is made and the principal amount is paid back to the bondholder.
This statement is also correct.

Therefore, both statements are correct and the answer is C) Both I and II.

Which of the Following Is/are Correct Regarding the Maturity Date