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Management · Q595

Financial Management

Graduate and Post Graduate · Management · question 595

Q595

Bond that has been issued in very recent timing is classified as

A.
mature issue
B.
earning issue
C.
new issue
Answer
D.
recent issue

Answer: Option C

Solution

Answer: Option C
Solution:
Bond that has been issued in very recent timing is classified as new issue. A new issue is a reference to a security that has been registered, issued, and is being sold on a market to the public for the first time. The term does not necessarily refer to newly issued stocks, although initial public offerings (IPOs) are the most commonly known new issues.