Which of the following statements is/are Incorrect about a Bond? - Study24x7
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UPSC & State PSC
1008 followers study24x7 18 Jan 2021 02:41 PM study24x7 study24x7

Which of the following statements is/are Incorrect about a Bond?

A

A bond is an instrument to borrow money and a bond could be floated/issued by a country’s government or by a company to raise funds.

B

The government bonds come with the sovereign’s guarantee and are considered one of the safest investments.

C

The yield of a bond is the effective rate of return that it earns and this rate of return is not fixed, as it changes with the price of the bond.

D

None of the above

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