A bondholder that owns a $1,000, 10%, 10-year bond has:

A. The right to receive dividends of $1,000 per year.
B. The right to receive $1,000 at maturity.
C. Ownership rights in the issuing company.
D. The right to receive $10,000 at maturity.
E. The right to receive $10 semiannually until maturity.


Answer: B

Business

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