Which one of the following characteristics distinguishes income bonds from other bonds?
A: The bondholder is guaranteed an income over the life of the security.
B: By promising a return to the bondholder, an income bond is junior to preferred and common stock.
C: Income bonds are junior to subordinated debt but senior to preferred and common stock.
D: Income bonds pay interest only if the issuing company has earned the interest.
发布时间:2024-05-05 13:25:41