Question

A bond that matures in installments at regular intervals is a:_____

a. term bond.
b. serial bond.
c. periodic bond.
d. terminal bond.

Answer 1

b. serial bond.

Step-by-step explanation:

The serial bonds are the bond that matured the investment for a time period. In simple terms, the bond in which the maturity date is spread in a periodic manner over a time period that we called as a serial bonds

Since in the question the bond that matured the investment for a regular intervals so this represents a serial bond

Hence, the correct option is b.