gatorlover3126 gatorlover3126

29-10-2019
Business

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Cathy purchased several corporate bonds from a large corporation five years ago. She decides to sell those bonds to raise funds to start a business. Since the bonds have a maturity date that is 10 years from the date of purchase, Cathy would not be able to sell her bonds to other investors. True False

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shahzaibnaeem37 shahzaibnaeem37

31-10-2019

Answer:

False, since these bonds still have 5 years to maturity they can still be sold in secondary markets to other investors.

Explanation:

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