Q605
Specific day at which bond value is repaid can be considered as
A.
valued date
B.
repayment date
C.
payment date
D.
maturity date
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Specific day at which bond value is repaid can be considered as maturity date. The maturity date is the date on which the principal amount of a note, draft, acceptance bond or other debt instrument becomes due.