Social Studies, 23.12.2020 03:50 deanlmartin
If a borrower defaults on a bond, it means that the borrower
-did not pay back the loan on the maturity date.
-has paid back the loan on the maturity date.
-has one year to pay before facing possible jail time.
-has paid back the loan prior to the maturity date.
-only has to pay a portion of the loan back.
Answers: 3
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If a borrower defaults on a bond, it means that the borrower
-did not pay back the loan on the matu...
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