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Whether Secured or Unsecured, Bonds May Be Repaid

Question 39

Multiple Choice

Whether secured or unsecured, bonds may be repaid


A) only after the maturity date passes.
B) only when bondholders decide to cash out the bond.
C) in daily installments.
D) in one lump sum or with many payments spread out over a period of time.
E) in payments that start after the maturity date and continue for several years.

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