$01$:$47$:$43$

Tree Remaining

Multiple Choice

$2$ points

Which of the following statements regarding bonds and their terms is FAL SE$?$

Bonds are securities sold by governments and corporations to raise money from investors today in exchange for a promised future payment.

The time remaining until the repayment date is known as the term of the bond.

By convention, the coupon rate is expressed as an effective annual rate.

Bonds typically make two types of payments $($coupons and principal$)$ to their holders.