Abala Corporation purchased one hundred $1,000 bonds. The corporation intends to hold the bonds until they mature in two years. This investment is characterized as ________ securities
A) held-to-maturity
B) discretionary
C) trading
D) available-for-sale
A
You might also like to view...
What is the significance of the Easton vs. Strassburger case?
a. It provide specific penalties if the seller an agent failed to disclose lead base paint. b. It gave rise to the law that requires the agent to make a diligent visual inspection of the property and give a full disclosure of the properties condition. c. It targets the responsibility of the seller an agent to disclose the properties close proximity to know earthquake fault lines. d. It requires the seller to correct all environmental deficiencies of a property prior to the transfer.
A pulsating schedule of advertising distribution involves continuous advertising with bursts of higher intensity during specific periods of the year
Indicate whether the statement is true or false