Question

Which are two features of a bond?

Answer 1

Pays a coupon rate & has a maturity date

Answer 2

The coupon or yield of a bond is the interest rate that the issuer agrees to pay to its bondholders.

The due date is the date on which the bail bond matures and must be repaid to the lenders in full. The maturities of corporate bonds usually range between one and five years, and some bonds mature in 10 or even 30 years.

The answers are: -pay a coupon rate, and -has a maturity date.