The Principal on a Bond Is Generally Paid Back

Multiple Choice

The principal on a bond is generally paid back

A) right away, before any interest has been paid.
B) at the end of the term of the bond, after the interest has been paid.
C) in small increments over the term of the bond, at the same time that any interest has been paid.
D) never, because bonds offer only interest payments, not principal repayment.