A bond that pays interest forever and has no maturity date is a perpetual bond, also called a perpetuity or a consol In what respect is a perpetual bond similar to (1) a nogrowth common stock and (2) a share of preferred stock ...

A perpetual bond is similar to a nogrowth stock and to a share of preferred ...

A bond that pays interest forever and has no maturity date is a perpetual bond, also called

Question:

A bond that pays interest forever and has no date is a perpetual bond, also called a or a consol. In what respect is a perpetual bond similar to (1) a nogrowth and (2) a share of preferred stock?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest... Perpetuity
Perpetuity refers to payments that are made without an end or maturity date. A perpetuity is classified as an annuity, which is something that earns a dividend or receives a payment at a regularly scheduled interval, generally yearly. So, how...