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Characteristics of typical bonds include all of the following except:_____.A) the par value. B) the dividend rate. C) the coupon rate. D) the maturity date.

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B) the dividend rate.

Bonds are debt securities that are issued by companies, governments, and other organizations to raise capital. The characteristics of typical bonds include the following:

Par value: the face value of a bond, which is usually $1,000 or $100
Coupon rate: the interest rate that the bond pays to its holders, expressed as a percentage of its par value
Maturity date: the date on which the bond matures and the issuer must repay the bond's face value to its holders
Bonds do not have a dividend rate, as they are debt instruments rather than equity instruments. Equity instruments, such as stocks, pay dividends to their holders, while bonds pay interest in the form of coupon payments.
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