JAMB - Commerce (2014 - No. 26)
Which of the following attracts only interest but leaves the capital unpaid
a long-term loan
a development bond
a redeemable bond
an irredeemable bond
स्पष्टीकरण
Irredeemable bond; a government bond which has no date of maturity and which therefore provides interest but can never be redeemed at full value.