Interest paid on outstanding bonds is usually paid
A) once every two years.
B) once a year.
C) semiannually, or every six months.
D) quarterly, or every three months.
E) on a monthly basis.

Question

Quizplus · Accepted Answer

Interest paid on outstanding bonds is usually paid semiannually or every six months. This means that an investor in a bond will receive payments twice a year until the bond matures.

Interest Paid on Outstanding Bonds Is Usually Paid