Asked by
Maryam Bintumar
on Nov 18, 2024
Verified
A bond is usually divided into a number of individual bonds of $500 each.
Individual Bonds
Securities that represent a loan from an investor to a borrower, typically a corporation or government, with specified terms for interest payments and return of principal.
- Acquire knowledge about the essence of bonds as instruments that generate interest and their contractual obligations.
Verified Answer
GM
Learning Objectives
- Acquire knowledge about the essence of bonds as instruments that generate interest and their contractual obligations.