Question

Bonds that require payment of the full principle amount of the bond at the end of the loan term are referred to as

a) term bonds
b) serial bonds
c) convertible bonds

Answer 1

Term bonds require payment of the full principle amount at the end of the loan term.

Correct option is a (term bonds).

Step-by-step explanation:

Bonds that require payment of the full principle amount at the end of the loan term are referred to as term bonds.