Maturity date decides at time of issuance of bond and legally permissible is classified as____________?
Correct answer: A. Original maturity
- A. Original maturity
- B. Permanent maturity
- C. Artificial maturity
- D. Valued maturity
Explanation
Original maturity is the period from the bond's issuance until its stated repayment date. It is fixed when the bond is initially issued and differs from its remaining maturity later in its life.
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