Asked by Sewar Rawabdeh on Jul 03, 2024
Verified
Serial bonds are a sequence of small bond issues of progressively longer maturity.
Serial Bonds
A sequence of small bond issues of progressively longer maturity.
- Understand the properties and purpose of marketable securities in corporate financial operations.
Verified Answer
JL
Jennifer LinaresJul 07, 2024
Final Answer :
True
Explanation :
Serial bonds are indeed issued in a sequence where each bond in the series matures at a different time, allowing for a spread-out repayment schedule over several years.
Learning Objectives
- Understand the properties and purpose of marketable securities in corporate financial operations.