Which of the following is true of fixed-rate bonds?

Which of the following is true of fixed-rate bonds? 










A. Returns from fixed-rate bonds are dependent on the profitability of the issuing company.

B. Investors get back the face value of the bond at maturity of fixed-rate bonds.

C. Fixed-rate bonds issue cash payoffs only at maturity of fixed-rate bonds.

D. Investors get a share of the company's profit when using fixed-rate bonds.












Answer: B


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