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The following are common classifications of a bond`s maturity except;a.Horizon Termb.Short Termc.Medium Termd.Long TermClear my choice

Question

The following are common classifications of a bond`s maturity except;a.Horizon Termb.Short Termc.Medium Termd.Long TermClear my choice

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Solution

The common classifications of a bond's maturity are Short Term, Medium Term, and Long Term. Therefore, the answer is a. Horizon Term, as it is not a common classification of a bond's maturity.

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