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All of the following statements regardinga Term Bonds are TRUE, EXCEPT : A. It has a limited life known as Maturity B. It makes semi-annual
All of the following statements regardinga Term Bonds are TRUE, EXCEPT :
A.It has a limited life known as Maturity
B.It makes semi-annual interest payments called Coupons
C.Its par value AKA List Price is always $1,000
D.Mkt Interest Rate down,Bond Price Up and vice versaE.Bond is traded on the NY Stock Exchange Market
E.Bond is traded on the NY Stock Exchange Market
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