amdoctorlife6829 amdoctorlife6829
  • 07-01-2020
  • Business
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Bond anticipation notes must mature within how long from their original date of issuance?
A 1 yr
B 2 yr
C 5 yr
D 10 yr

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ahmedgodtrust
ahmedgodtrust ahmedgodtrust
  • 08-01-2020

Answer:

Bond anticipation notes must mature within i year from their original date of issuance.

The correct answer is A                                    

Explanation:

Bond anticipation notes are interest-bearing short-term securities that have maturities of less than one year. These bonds are issued by a municipal or state government in order to finance a new project.

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