Question

What are bonds that mature at a single specified future date called?

A. serial bonds
B. term bonds
C. coupon bonds
D. debentures

Answer 1

Term bonds are bonds that mature at a single specified future date.

Step-by-step explanation:

In financial terms, bonds that mature at a single specified future date are called term bonds. A term bond is a type of bond that has a specific maturity date, and investors receive the full face value of the bond at maturity.