Which of the following is a feature of a bond?

Question

Quizplus · Accepted Answer

Convertible is a feature of a bond, meaning the bond can be converted into a predetermined number of shares of the issuing company's common stock.

Answer: B
 Dividends are not a feature of a bond, as bonds typically offer a fixed interest payment instead.

Answer: C
 Tax-free interest may be a benefit of certain types of bonds, such as municipal bonds issued by state or local governments. However, it is not a universal feature of all bonds.

Answer: D
 No risk is not a feature of bonds, as all investments carry some degree of risk. Bonds are generally considered less risky than stocks, but there is still the potential for default or other factors that could impact their value.

Which of the Following Is a Feature of a Bond