Bond Features - Maturity Date

Very Easy Fixed Income Securities Bond Features

In the world of fixed income securities, bonds are commonly used investment instruments. Understanding the various features of bonds is crucial for investors.

Which of the following options correctly describes a commonly recognized feature of a bond?

Bonds typically provide fixed periodic interest payments known as dividends.

Bonds have a maturity date when the principal amount is repaid to the bondholder.

Bonds are always callable by the issuer at any time without notice.

Hint

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