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Examveda

Bond that has been issued in very recent timing is classified as

A. mature issue

B. earning issue

C. new issue

D. recent issue

Answer: Option C

Solution(By Examveda Team)

Bond that has been issued in very recent timing is classified as new issue. A new issue is a reference to a security that has been registered, issued, and is being sold on a market to the public for the first time. The term does not necessarily refer to newly issued stocks, although initial public offerings (IPOs) are the most commonly known new issues.

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