A bond that pays interest forever and has no maturity date


A bond that pays interest forever and has no maturity date is a perpetual bond. In what respect is a perpetual bond similar to a no-growth common stock, and a share of preferred stock?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A bond that pays interest forever and has no maturity date
Reference No:- TGS01368712

Expected delivery within 24 Hours