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A bond which attracts only interest but leaves the capital unpaid is referred to as?
Classroom
Commerce Classroom
Jamb
Jamb 2006
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A bond which attracts only interest but leaves the capital unpaid is referred to as?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
A long-term loan
B
A develoment bond
C
A redeemable bond
D
An irredeemable bond
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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