Asked by
Shayma Alshehhi
on Nov 18, 2024
Verified
A bond is simply a form of an interest-bearing note.
Interest-Bearing Note
A debt instrument that pays periodic interest payments to the holder until maturity, at which point the principal is repaid.
- Understand the nature of bonds as interest-bearing notes and their contractual aspects.
Verified Answer
SL
Learning Objectives
- Understand the nature of bonds as interest-bearing notes and their contractual aspects.