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Perpetuity, Sinking Funds & Bonds · Question 36 of 63

Question 36

EasyOriginal question

A 5-year bond is issued on 1 April 2024. When does it mature?

31 March 2024Correct answerYour answer1 April 2025Correct answerYour answer1 April 2029Correct answerYour answer1 April 2034Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

The maturity date is when the face value is repaid, here 5 years after issue.
1 April 2024 plus 5 years is 1 April 2029.

Concept: Bond terms
Typical timeTypical: 60 s
Your timeYours: —

The rule this testsBonds and their terms

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