Which of the following statements regarding bonds payable is true?

a. When an issuing company's bonds are traded in the "secondary" market, the company will receive part of the proceeds when the bonds are sold from the first purchaser to the second purchaser.

b. The entire principal amount of most bonds matures on a single date.

c. Generally, bonds are issued in denominations of \(\$ 100\).

d. A debenture bond is backed by specific assets of the issuing company.