Serial bonds are:
A) Bonds backed by collateral.
B) Bonds that mature in installments.
C) Bonds with greater risk.
D) Bonds issued below the face amount.
Answer: B
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A) Bonds backed by collateral.
B) Bonds that mature in installments.
C) Bonds with greater risk.
D) Bonds issued below the face amount.
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.