A bondholder who owns a $1,000,10%,10-year bond has the right to:

Question

Quizplus · Accepted Answer

A bondholder who owns a $1,000, 10%, 10-year bond has the right to receive $1,000 at maturity. This is the principal amount of the bond that the issuer is obligated to repay to the bondholder upon the bond's maturity. The bondholder does not have the right to receive dividends, vote, or receive $10 per year until maturity, as these rights are typically associated with owning stocks, not bonds.

A Bondholder Who Owns a $1,000,10%,10-Year Bond Has the Right