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Describe a serial bond issue. Why are serial bond issues preferred by the issuer? Why are serial...

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Finance

  1. Describe a serial bond issue.
  2. Why are serial bond issues preferred by the issuer?
  3. Why are serial bond issues preferred by the bond holders?

Answer & Explanation Solved by verified expert
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a Describe serial Bond Issue Bond is one debt security issued by company or government to gather fund from market Bond holder gets interest on invested amount Serial bonds are also known as instalment bonds This bonds are issued at one time but with different maturity dates Bond holder gets the principal amount back in predecided equal instalments With Serial bond issue issuer can divide repayment of principal amount    See Answer
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Describe a serial bond issue.Why are serial bond issues preferred by the issuer?Why are serial bond issues preferred by the bond holders?

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