A bond which attracts only interest but leaves the capital unpaid is referred to as?

A bond which attracts only interest but leaves the capital unpaid is referred to as?
  • A.
    a long-term loan
  • B.
    a develoment bond
  • C.
    a redeemable bond
  • D.
    an irredeemable bond
Correct Answer: Option A
Explanation
You May Also Like