Solved

The Principal on a Bond Is Generally Paid Back

Question 49

Multiple Choice

The principal on a bond is generally paid back


A) right away, before any interest has been paid.
B) at the end of the term of the bond, after the interest has been paid.
C) in small increments over the term of the bond, at the same time that any interest has been paid.
D) never, because bonds offer only interest payments, not principal repayment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents