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Answer:
Term bonds are bonds from a single issue that all mature on the same date. On the maturity date of term bonds, the face value (principal) must be repaid to the bondholders. Call provisions within term bonds stipulate characteristics where issuers can redeem bonds from investors prior to the maturity date.
Explanation:
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Term bonds are bonds that require the face value (principal) to be paid back in installments over the bond's life. As a result, option (b) is the proper response.
What are term bonds?
Term bonds are bonds that all maturity on the same date from a single issue.
The face value (principal) of term bonds must be repaid to bondholders when they reach maturity.
Issuers can repay bonds from investors prior to the maturity date under call provisions in term bonds.
For more information about term bonds, refer below
https://brainly.com/question/15298948
