Question

Cathy purchased several corporate bonds from a large corporation five years ago. She decides to sell those bonds to raise funds to start a business. Since the bonds have a maturity date that is 10 years from the date of purchase, Cathy would not be able to sell her bonds to other investors. True False

Answer 1

False, since these bonds still have 5 years to maturity they can still be sold in secondary markets to other investors.

Step-by-step explanation: