Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Hans purchased a 20-year corporate bond in 2015 that promised to pay him 3% interest semi-annually for the life of the loan. The corporation reserved the right to redeem the bond in 2020. Which of those numbers is the bond's maturity?
A. 2015
B. 3
C. 20
D. 2020

Sagot :

Answer:

The answer is "Option C"

Explanation:

In this question the number of the maturity bond is "20", and the bonds are 20 years for corporate bonds, which maturity in 20 years, that's why Option C is correct.

We hope this was helpful. Please come back whenever you need more information or answers to your queries. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.