Bond
Bond is a long term debt instrument or security. Bonds issued by the government do not have any risk of default. What are the features of a bond or debentures ? Following are the features of bonds: 1. Face Value…
Bond is a long term debt instrument or security. Bonds issued by the government do not have any risk of default. What are the features of a bond or debentures ? Following are the features of bonds: 1. Face Value…