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Basic Question 2 of 15
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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe the features of a fixed-income security
CFA® 2025 Level I Curriculum, Volume 4, Module 1.