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Basic Question 0 of 4
A bond that has no maturity date is referred to as a ______.
B. normal bond
C. terminal bond
D. perpetual bond
E. indefinite bond
A. serial bond
B. normal bond
C. terminal bond
D. perpetual bond
E. indefinite bond
User Contributed Comments 2
| User | Comment |
|---|---|
| johntan1979 | e.g. consol |
| chcarnes | Like a perpetuity --> perpetual |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe the features of a fixed-income security
CFA® 2026 Level I Curriculum, Volume 4, Module 1.