The type of bond which pays interest payment only when it earns is classified as Options: A . &nbspincome bond B . &nbspinterest bond C . &nbsppayment bond D . &nbspearnings bond

The type of bond which pays interest payment only when it earns is classified as

Question

The type of bond which pays interest payment only when it earns is classified as

Options:

A . income bond

B . interest bond

C . payment bond

D . earnings bond

Answer: Option A
Answer: (a).income bond

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