Distinguishing between serial bonds and sinking-fund bonds

Reference no: EM13331844

Which of the following statements is correct in distinguishing between serial bonds and sinking-fund bonds?

Serial bonds mature at a variety of dates, but sinking-fund bonds mature at a single date.

Serial bonds provide for the deliberate retirement of bonds prior to maturity, but sinking-fund bonds do not provide for the deliberate retirement of bonds prior to maturity

Serial bonds do not provide for the deliberate retirement of bonds prior to maturity, but sinking-fund bonds do provide for the deliberate retirement of bonds prior to maturity.

None of the above are correct since.

Reference no: EM13331844

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