Q.

Coupon bonds:

A. require borrowers to pay the lender coupon payments until maturity, when the borrower pays the principle.
B. require borrowers to pay lenders coupon payments until maturity.
C. require borrowers to pay lenders principle and interest at maturity.
D. require only interest payments until maturity when principle and interest are paid.
Answer» A. require borrowers to pay the lender coupon payments until maturity, when the borrower pays the principle.
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