Which of the following is a characteristic of the bond market?
A)Some bonds have terms as short as a few months.
B)Because they are risky, bonds pay a low rate of interest.
C)Corporations buy bonds to raise funds.
D)Bonds are rarely used as financial instruments.

Question

Quizplus · Accepted Answer

Bonds can have varying terms, including short-term bonds that last only a few months.

Which of the Following Is a Characteristic of the Bond