A. it yields a fixed rate of dividends
B. it has no redemption date
C. it yields a fixed rate of interest
D. its holder has a voting right
E. the holder bears more risk than others
Correct Answer:
Option C – it yields a fixed rate of interest
A. it yields a fixed rate of dividends
B. it has no redemption date
C. it yields a fixed rate of interest
D. its holder has a voting right
E. the holder bears more risk than others
Correct Answer:
Option C – it yields a fixed rate of interest
Copyright warnings! Do not copy.