Multiple Choice
Another name for a consol is a ________ because it is a bond with no maturity date. The owner receives fixed coupon payments forever.
A) perpetuity
B) discount bond
C) municipality
D) high-yield bond
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q90: The nominal interest rate minus the expected
Q91: If $22,050 is the amount payable in
Q92: The price of a coupon bond and
Q93: The _ interest rate is adjusted for
Q94: A discount bond<br>A)pays the bondholder a fixed
Q96: An equal increase in all bond interest
Q97: Which of the following $1,000 face-value securities
Q98: Would it make sense to buy a
Q99: If a $1,000 face value coupon bond
Q100: The present value of a fixed-payment loan