A bond issue consists of a number of bonds, usually in denominations of $1,000 and $5,000.
The term bond refers to a sort of investment in which an individual loans money to the government or sometimes to the government in return for an interest on the investment. This interest is paid to the individual regularly as a return on his/ her investment.
Hence a bond issue consists of a number of bonds, usually in denominations of $1,000 and $5,000.
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Missing parts;
Bonds are securities that can be readily bought and sold. A bond issue consists of a number of bonds, usually in denominations of ______ or _____ and is sold to many different lenders.
Multiple choice question.
$100; $1,000
$1,000; $10,000
$500; $5,000
$1,000; $5,000
