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Which of the following statements is correct? Select one: a. A bond is a debt security where the issuer is obliged to pay interest and

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Which of the following statements is correct? Select one: a. A bond is a debt security where the issuer is obliged to pay interest and the lender repay principal at a later date. The lender is the bondholder and the borrower is the bond issuer. b.A bond is a debt security where the bondholder is obliged to pay interest and/or repay principal at a later date. The lender is the issuer and the borrower is the bondholder. c. A bond is a debt security where the issuer is obliged to pay interest and/or repay principal at a later date. The lender is the bondholder and the borrower is the bond issuer. d. A bond is a debt security where the issuer is obliged to pay interest and/or repay principal at a later date. The lender is the debtor and the borrower is the creditor

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