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FINRA Series 7

Category - Series 7

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Which of the following pays interest at maturity only?

a corporate serial bond
US treasury bills
Income bonds
Series H savings bonds

Explanation

Answer: B - US treasury bills. T-bills are purchased at a discount and do not have interest coupons. When surrendered, the par value is paid at maturity. All the other choices, if they are paying any interest, pay throughout the term of the issue.

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FINRA Series 7

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FINRA Series 7

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