Question

    The bonds which are issued for the lifetime without

    being redeemed:
    A Zero Coupon bonds Correct Answer Incorrect Answer
    B Perpetual bonds Correct Answer Incorrect Answer
    C Deep discount bonds Correct Answer Incorrect Answer
    D Corporate bonds Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Perpetual bonds are issued without any date to maturity but regular and periodical interest payments are made.

    Practice Next